Repo Market (Outstanding Repos) and Reserve Demand Curve

Repo Market (Outstanding Repos) and Reserve Demand Curve The Fed will expand its balance sheet again, by purchasing Treasury bills at least until mid-2020, which should rebuild the level of reserves in the system to $1.7 trillion. Picture source: BofA Merrill Lynch

China Domestic Policy and Emerging Markets Growth Cycles

China Domestic Policy and Emerging Markets Growth Cycles Great chart suggesting that changes in China domestic policy have been a big driver of EM growth cycles. Picture source: Goldman Sachs Global Investment Research

U.S. Labor Market Distributions Spider Chart

U.S. Labor Market Distributions Spider Chart The U.S. Labor Market Distributions Spider Chart shows broad labor market developments. Currently, the U.S. labor market is slipping a little.

U.S. Market Cycle Indicators

U.S. Market Cycle Indicators Chart suggesting that the current business cycle’s end is not imminent in the U.S.. The risk of a bear market is low when the number of market cycle indicators is greater than 10. Picture source: Richardson GMP

Flows into Money Market Funds

Flows into Money Market Funds Just like 2007/2008, investors move to safe assets by raising their cash holdings, despite falling rates. Picture source: BofA Merrill Lynch

S&P 500 Return – Longest Bull Markets Ever

S&P 500 Return – Longest Bull Markets Ever Chart showing the longest equity bull markets ever. October 9, 2019 was the bottom in 2002 and peak in 2007. Picture source: Ryan Detrick, LPL Financial LLC

Emerging Markets and Liquidity Cycles

Emerging Markets and Liquidity Cycles This chart shows that investing in emerging markets also requires an understanding of global liquidity cycles. Picture source: Fidelity Investments