Author: isabelnet

Stocks – MSCI Europe Value vs. Growth and 10-Year UST Yield Will European value stocks underperform European growth stocks in the second half of 2023? Image: J.P. Morgan

LEI 6-Month ROC vs. S&P 500 EPS Annual % Change The 6-month annual rate of change of the Leading Economic Index is highly correlated with S&P 500 earnings growth. Should U.S. equity investors remain cautious? Image: Real Investment Advice

S&P 500 Earnings Yield vs. U.S. 6-Month Money vs. U.S. IG Yield Goodbye TINA. There are finally attractive alternatives to the U.S. stock market. Image: Deutsche Bank

Nominal Effective U.S. Dollar and China Manufacturing PMI China’s rising manufacturing PMI is bearish for the U.S. dollar. Image: Alpine Macro

M2 Annual % ROC (Advanced 12-Months) vs. GAAP Earnings (Leading Indicator) The significant decline in M2 growth puts GAAP earnings at risk. Image: Real Investment Advice

60% Stock/40% Bond Portfolio Yield Less Six-Month U.S. Treasury Bill Yield The traditional 60/40 portfolio looks vulnerable. Is cash an attractive alternative? Image: Morgan Stanley Wealth Management

G4 Central Bank Balance Sheet Will central bank’s quantitative tightening increase pressure on financial markets? Image: BofA Global Investment Strategy

U.S. 10-Year Treasury Yield and Fair Value Model How much higher could bond yields potentially go before they peak? Image: Alpine Macro

S&P 500 – Seasonality During Bull vs. Bear Markets – 3rd Year of U.S. Election Cycle Only Both bulls and bears may be frustrated this year. Image: Topdown Charts

Inflation – ISM Services Business Prices vs. Copper The rise of copper prices is a cause for concern as it can lead to higher prices for a variety of goods and services. Image: Steno Research

Real S&P 500 Price vs. Real Earnings Reversion to the mean is a powerful force. Should investors expect earnings to fall futher? Image: Real Investment Advice