Search Results for: world

World Government Bond GDP-Weighted Return Index Global government bond markets are on course for the worst year since the Marshall Plan in 1949. Image: BofA Global Investment Strategy

Earnings – Global Manufacturing PMI New Orders vs. World Trailing 12-Month EPS (Leading Indicator) Global manufacturing PMI new orders tend to lead world EPS growth by 12 months. Image: BofA Global Research

Valuation – MSCI AC World 12-Month Forward P/E and 10-Year Real U.S. Treasury Yield The surge in U.S. real rates does not bode well for global equities. Image: Goldman Sachs Global Investment Research

Earnings Sentiment – S&P 500, STOXX 600, Topix, MSCI EM, MSCI World U.S. earnings sentiment remains negative. Image: Goldman Sachs Global Investment Research

S&P 500 and Percent of World Markets Above their 50-Day Moving Average Historically, oversold conditions in a breadth thrust regime tend to be bullish for U.S. stocks. Image: All Star Charts

Valuation – PE10 Ratio USA vs. Rest of the World U.S. equities still do not look cheap despite the market sell-off. Image: Topdown Charts

Oil – World Primary Energy Consumption Will oil continue to dominate primary energy consumption? Image: Gavekal, Macrobond

MSCI All Country World Index and Global Pairwise Stock Correlations The bear market bottom is probably not yet in, as stock correlation is higher at global market bottoms. Image: Morgan Stanley Wealth Management

Valuation – 12-Month Forward P/E, MSCI AC World Could valuation decline further? Image: Goldman Sachs Global Investment Research

World Real GDP Growth Deutsche Bank recently lowered its global growth expectations. Image: Deutsche Bank