Author: isabelnet

U.S. Jobs – U.S. Nonfarm Employment Is the labor market running hot? 10 million jobs are still missing in the United States. Image: Financial Times

Rates – 10-Year U.S. Breakeven Rate and Federal Reserve 10-Year U.S. Real Rate Should investors be worried about the risk of rising U.S. real rates? Image: Morgan Stanley Wealth Management

When Do You Think Will Be the Next Recession? Should investors expect a recession in 2024 at the earliest? Image: BofA Global Fund Manager Survey

Jobs – Monthly JOLTS and U.S. Unemployment Rate Some Americans are earning more money from unemployment benefits than they do working their job. Image: J.P. Morgan Asset Management

Average Short Interest on Companies in the S&P 500 Sign of optimism or complacency?  Short interest on companies in the S&P 500 continues to decline. Image: Financial Times

M1 Money Supply Growth YoY The M1 money supply in the United States has grown faster than any time in history. Image: Gavekal, Macrobond

S&P 500 Total Number of Employees to Total Revenues Ratio In 1986, it took 8 employees to generate US$1 million in revenue. Today, the S&P 500 is 70% less labor intensive than it was in the 80s. Image: BofA Global Research

Inflation – Annualized 3-Month Headline CPI Change Has U.S. headline inflation peaked? Image: BofA Global Investment Strategy

Inflation – Annualized 3-Month Core CPI Change Has U.S. core inflation peaked? Image: BofA Global Investment Strategy

Valuation – FY2 P/E Premium of Growth vs. Value The valuation spread between Growth and Value is still well above its long-term average. Image: Goldman Sachs Global Investment Research

MOVE Index vs. U.S. 10Y-2Y Yield Curve Should investors expect a steeper yield curve and more fixed-income volatility? Image: Variant Perception Research