Search Results for: sales

Housing – Property Sales Volume and Construction Starts This chart shows the impact of the coronavirus crisis on the property market. Image: Gavekal, Macrobond

Valuation – Price-to-Sales Ratio and Price-to-Book Ratio for the S&P 500 Index These charts suggest that the S&P 500 Index might have a lot further to fall. Image: Bloomberg

U.S. Real Retail Sales and Recession In January, U.S. real retail sales at 1.85% YoY, and the trend remains up. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.

China Sales Exposure – Euro Stoxx 50 vs. S&P 500 Europe equities are more sensitive than the U.S. market, as the exposure of the Euro Stoxx 50 index to China is about twice that of the S&P 500. Image: Goldman Sachs Global Investment Research

U.S. Firms with High China Sales Exposure vs. S&P 500 Chart showing that U.S. stocks with high revenue exposure to China have suffered greater losses. Image: Goldman Sachs Global Investment Research

U.S. Nonstore Retail Sales This chart puts into perspective U.S. nonstore retail sales, which are a proxy measure for ecommerce performance. Image: The Daily Shot – The Wall Street Journal

Median Stock EV/Sales Valuation: Russell 3000 Software vs. Total Russell 3000 The valuation of software stocks is close to the highest levels since the internet bubble. Image: Goldman Sachs Global Investment Research

Info Tech Stocks and Sales Exposure to Greater China Stocks in the information technology sector have the most sales exposure to Greater China. Image: Goldman Sachs Global Investment Research

Bottom-Up Consensus Forecast of S&P 500 YoY Sales Growth Chart showing the bottom-up consensus forecast of S&P 500 year-over-year sales growth. Image: Goldman Sachs Global Investment Research

Housing – U.S. Existing Home Sales and 30-Year Mortgage Rate This chart shows the correlation between U.S. existing home sales and the 30-year mortgage rate (inverted), and suggests further improvements in sales. Image : Piper Sandler Companies