Author: isabelnet

Quantitative Easing (QE) – Quarterly Pace of Central Bank Purchases Should investors worry about QE fading? Image: BofA Global Research

Copper to Gold Ratio vs. ISM Manufacturing PMI The ISM manufacturing PMI suggests a higher copper to gold ratio. Image: Alpine Macro

Global Aggregate Negative Yielding Debt The amount of global debt with negative yields jumps to $17.05 trillion, an all-time high, as investors rush to safety in government bonds. Image: Bloomberg

U.S. Labor Market – Continuing Claims for Unemployment Continuing claims declined for the sixth straight week, but the U.S. job market remains fragile. Image: Oxford Economics

Coronavirus Pandemic Crisis – Total Number of Commercial Flights The number of commercial flights remain well below pre-pandemic levels. Image: Financial Times

U.S. Dollar Net Positioning Speculators reduced their net short dollar positions. Image: J.P. Morgan

Likely U.S. Election Scenarios and Macro Implications Is it time to say goodbye to a big fiscal stimulus package? Image: BofA Research Investment Committee

Stocks – Basket of Biden Longs vs. Basket of Biden Shorts Is no Democratic sweep good news? Biden shorts, like tech and managed care, rose significantly. Image: BofA Global Research

S&P 500 – Earnings Estimate Progression U.S. corporate earnings are not so bad. As the chart shows, earnings fundamentals are improving. Image: Fidelity Investments

GDP Indexes – China, U.S., Japan and EU China is experiencing a strong V-shaped economic recovery and is expected to provide a boost to the rest of the world. Image: Gavekal, Macrobond

U.S. Job Posting Trend Index This chart highlights the impact of Covid-19 on the U.S. job posting trend. Image: BofA