S&P 500 Sales Growth vs. Oil Price

S&P 500 Sales Growth vs. Oil Price This chart shows the good correlation between S&P 500 sales growth and the price of oil. Picture source: J.P. Morgan

U.S. Heavy Trucks Sales vs. Recessions

U.S. Heavy Trucks Sales vs. Recessions U.S. heavy trucks sales fell in August to 534K. Before recessions and bear markets, heavy truck sales peak and then decline. Currently, heavy trucks sales are still trending upwards and suggest that there is no imminent recession on the horizon. You may also like “Heavy Truck Sales as Recession Indicator.”

U.S. Stocks with High China Sales vs. S&P 500

U.S. Stocks with High China Sales vs. S&P 500 US-China trade war affects the relative performance of U.S. stocks with high China sales vs. the S&P 500 index. Picture source: Goldman Sachs Global Investment Research

U.S. Retail Sales and Consumer Sentiment

U.S. Retail Sales and Consumer Sentiment Currently, the consumer is doing well, keeping the U.S. economy from tanking, and consumer sentiment is high. Picture source: Credit Suisse

Global Semiconductor Sales Lead U.S. GDP Growth

Global Semiconductor Sales Lead U.S. GDP Growth This interesting chart suggests that global semiconductor sales lead U.S. GDP growth by six months. Picture source: Nordea and Macrobond

U.S. Real Retail Sales and Recession

U.S. Real Retail Sales and Recession In July, U.S. retail sales hit an all-time high. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.

World Semiconductor Sales Lead Emerging Markets

World Semiconductor Sales Lead Emerging Markets This chart suggests that world semiconductor sales lead the MSCI emerging markets index by 3 months. This is very interesting before investing in emerging market equities. Country weights of the MSCI Emerging Markets Index: 33% China, 13.02% Korea, 11.35% Taiwan. Picture source: Nordea and Macrobond

U.S. Existing Homes Sales

U.S. Existing Homes Sales Existing-home sales fell 1.7% in June and have been disappointing, while mortgage rates have fallen. Picture source: The Wall Street Journal