S&P 500 – 1940’s Reflation Analog

S&P 500 – 1940’s Reflation Analog If inflation rises a little and real rates go lower, it could be bullish for stocks. Image: Fidelity Investments

China Credit Impulse – Reflation Cycle

China Credit Impulse – Reflation Cycle This chart shows that China credit impulse has not yet boosted relative earnings. Credit impulse is the change in new credit issued as a percentage of GDP. Image: Fidelity Investments

Commodity Spot Index

Commodity Spot Index Are commodities poised for a new bull market as a reflation play? Image: Bloomberg