MSCI EMU 12-Month Forward EPS

MSCI EMU 12-Month Forward EPS Earnings estimates are revised significantly downward during recessions. Image: Gavekal, Macrobond

S&P 500 Dividend Yield

S&P 500 Dividend Yield The S&P 500’s dividend yield is still lower than the long term average. Image: The Daily Shot

MBA U.S. Mortgage Market Index

MBA U.S. Mortgage Market Index U.S. mortgage demand is falling as interest rates rise. Image: BofA Global Investment Strategy

U.S. Consumer Credit

U.S. Consumer Credit U.S. consumer credit is surging as goods prices continue to rise. Image: BofA Global Investment Strategy