World Trade Growth

World Trade Growth Chart showing that world trade growth is now at its lowest level since 2009. Picture source: BofA Merrill Lynch

U.S. Household Debt and World Trade

U.S. Household Debt and World Trade This chart shows the pretty good correlation between U.S. household debt and world trade. Picture source: Oxford Economics, Macrobond

S&P 500 Forward EPS and World Trade Growth

S&P 500 Forward EPS and World Trade Growth The chart shows a pretty good correlation between the S&P 500 forward 12-month EPS and the CPB World Trade Index. Picture source: Oxford Economics, Macrobond

China Credit Impulse Leads World Trade

China Credit Impulse Leads World Trade The chart suggests that China credit impulse leads world trade by 12 months. World trade is expected to turn positive in coming months. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: Oxford Economics, Macrobond

FedEx Stock Price Leads World Trade Volume by Three Months

FedEx Stock Price Leads World Trade Volume by Three Months This chart suggests that FedEx is usually a good leading indicator of the world economy. You may also like “FedEx vs. World Trade.” Picture source: Deutsche Bank Global Research

FedEx vs. World Trade

FedEx vs. World Trade This great chart suggests that FedEx is usually a good leading indicator of the world economy. It leads world trade by 6 months. You may also like “FedEx Stock Price Leads World Trade Volume by Three Months.” Picture source: Nordea and Macrobond

MSCI World Index Valuation at Cycle Peaks and Troughs

MSCI World Index Valuation at Cycle Peaks and Troughs On average, the MSCI World Index currently trades at a price-to-earnings ratio that has marked cyclical peaks in the stock market over the past 50 years. Picture source: Charles Schwab