S&P 500 Projection Based on Years When Index Gains at Least 15% by April The chart shows the S&P 500 projection based on years when the index gains at least 15% by April (11 times since 1928). This is not a forecast. Picture source: Wojciech Białek, Macrobond
Fed Balance Sheet Projection According to the NY Fed, the Fed’s balance sheet could be between $3.8 trillion and $4.7 trillion by 2025. Picture source: UBS
China Real GDP Growth Projection Real GDP growth in China is expected to continue to decline significantly in the coming years, with consumption becoming the main driver of growth. You may also like “Contribution of Consumption to China’s GDP Growth.” Picture source: KKR & Co.
Change in the Summary of Economic Projections This chart shows the change in the summary of economic projections from March to June 2019. Picture source: Evercore ISI
Contribution of Consumption to China’s GDP Growth This chart shows that consumption is the primary driver of China’s economic growth. You may also like “China Real GDP Growth Projection.” Picture source: ANZ Research
S&P 500 – Secular Roadmaps The chart shows the S&P 500 projection based on average secular bull and the CAPE model. Picture source: Fidelity Investments
The U.S. Unemployment Rate Is Historically Low But the FOMC projection suggests that the unemployment rate cannot improve indefinitely. Picture source: Federal Reserve Bank of Richmond
Why We Should Not Be Afraid By China’s Debt? In China, there is a high level of savings and controls on capital outflows. Currently, most of the Chinese savings are lent or invested in China. So, China’s debt reflects the Chinese savings rate. It would be much more worrying if China’s debt led to external debt,…
