Author: isabelnet

Oil and Gas – Commodity Price Forecasts BofA expects Brent crude oil prices to reach $100/bbl in September 2022. Image: BofA Global Research

ISM New Orders Index and U.S. 10-Year Treasury Yield (Leading Indicator) The U.S. 10-year Treasury yield (24-month change) tends lead ISM new orders by 18 months. Image: Trahan Macro Research

Copper YoY Change vs. ISM New Orders YoY Change ISM new orders trends point to a decline in copper prices. Image: BofA Global Investment Strategy

Commodity Index vs. Russell 1000 Value Index/Russell Growth Index Value should outperform Growth as commodity prices are rising rapidly. Image: Morgan Stanley Wealth Management

U.S. Dollar Smile: Dollar Appreciation and Depreciation A global synchronized slowdown tends to coincide with a stronger U.S. dollar. Image: Nordea and Macrobond

Equity Returns During Previous 10 Tightening Cycles Will the U.S. stock market keep investors smiling? Equity returns tend to be positive during tightening cycles. Image: TS Lombard

S&P 500 Index Monthly Performance in October In October, U.S. stocks tend to perform better in odd years than in even years, as odd years avoid elections and midterms. Image: LPL Research

U.S. Debts, Deficits and Economic Growth The rise in the U.S. deficit and debt has coincided with declining economic growth rates. Image: Real Investment Advice

Bonds and Correlations – 30-Year Treasury Yield The U.S. 30-year Treasury yield correlates with many intra-equity trends. Image: Alpine Macro

U.S. Excess Liquidity (M2 Minus Nominal GDP) and S&P 500 P/E Ratio (Leading Indicator) U.S. excess liquidity (M2 minus nominal GDP) tends to lead the S&P 500 P/E ratio by 6 months. Image: Nordea and Macrobond

Cumulative Share Buybacks by Sector U.S. companies have spent $11 trillion on share repurchases since 2004, which has helped drive the U.S. stock market to record levels. Image: Fidelity Investments