U.S. Real Retail Sales and Recession In December, U.S. real retail sales stand at 9.17% YoY. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.
Valuation – S&P 500 Index and Price to Annual Sales Measured by price to annual sales, U.S. stocks are looking more and more expensive. Should investors take a cautious approach to U.S. equities in 2022? Image: Real Investment Advice
U.S. Heavy Trucks Sales and Recessions U.S. heavy trucks sales rose in November to 439K (annualized). Historically, before recessions and bear markets, heavy trucks sales tend to peak and then decline. Click the Image to Enlarge
Valuation – Current Enterprise Value/Trailing 12-Month Sales – Russell 1000 Growth Index and Russell 1000 Value Index Are U.S. growth stock valuations becoming too high? Image: Morgan Stanley Wealth Management
Housing – % of New U.S. Home Sales by Price Range The share of new home sales over $500,000 is increasing. Image: BofA Global Research
Valuation – S&P 500 Forward Price-to-Sales Ratio Measured by forward price-to-sales, the S&P 500 looks expensive. Image: The Daily Shot
Housing – U.S. Existing Homes Sales Existing home sales cooled down in August. Are buyers waiting for prices to fall more? Image: The Daily Shot
S&P 500 – 2021E Sales and Profits Relative to 2019 Levels Will earnings growth drive the S&P 500 higher by the end of 2021? Image: Goldman Sachs Global Investment Research
U.S. Consumer Confidence – U.S. Auto Sales U.S. auto sales have fallen by 14% year-over-year in August, amid weaker consumer confidence and spending in the United States. Image: BofA Global Investment Strategy
Ecommerce Sales in the U.S. as % of Total Retail Sales Retail ecommerce boom continues in the United States. Image: Financial Times