S&P 500 – The Secular Bull Market Roadmap

S&P 500 – The Secular Bull Market Roadmap Since the Great Recession, US stocks have behaved like a secular bull market. This chart suggests the S&P 500 projection based on average secular bull. Image: Fidelity Investments

Global Valuation Map

Global Valuation Map This chart shows global valuation estimates across various countries, and suggests that the U.S. stock market is overvalued by +4%. Image: Morningstar Research

Global Monetary Policy Map

Global Monetary Policy Map This chart shows that in 2019, central banks cut rates by most in a decade. Image: Topdown Charts

Sovereign Ratings Map

Sovereign Ratings Map Interesting map of sovereign ratings across the world in July 2019, using Moody’s ratings. Source: Moody’s Sovereign Ratings, Aswath Damodaran

Heat Map of Key Recession Indicators

Heat Map of Key Recession Indicators Higher probability of recession than average in red, and lower probability of recession than average in green. Image: BofA Merrill Lynch Global Research

S&P 500 – Secular Roadmaps

S&P 500 – Secular Roadmaps The chart shows the S&P 500 projection based on average secular bull and the CAPE model. Image: Fidelity Investments

VIX and S&P 500 Seasonality

VIX and S&P 500 Seasonality The chart shows the seasonality map for the VIX and the S&P 500, and how they move in opposite directions. Image: Topdown Charts