U.S. Producer Price Inflation and S&P 500 Earnings There is little doubt that the bottom in earnings is in for this cycle, as U.S. producer prices rose more than expected in September. Image: Jeroen Blokland

China’s Share in Global Exports With China leading the global economic recovery, China’s exports rose 9.9% YoY. Image: J.P. Morgan

VIX – The Pricing of Election Risks in U.S. Equity Volatility Markets The volatility priced into the U.S. election this year is significantly higher than in 2016. Image: BofA Global Research

Median Value vs. Growth YoY Return Since 1990 Value tends to outperform Growth in the early stages of an economic recovery. Image: Goldman Sachs Global Investment Research

U.S. Treasury 5s30s Yield Curve and Odds of Democratic Senate Majority Chart suggesting that the U.S. Treasury yield curve is steepening with odds of a Democratic Senate majority. Image: BofA Research Investment Committee

China’s Stock Market Value China’s stock market value hits record high as the China’s economy continues to bounce back from the coronavirus pandemic. Image: Financial Times

Credit Spreads and U.S. Labor Market Despite the Fed’s support, credit spreads remain above their pre-COVID-19 levels and may be taking a cue from the U.S. labor market. Image: Morgan Stanley Wealth Management

Public Investment and GDP During times of uncertainty, such as the current period, public investment is most effective. Image: BofA Research Investment Committee

Cyclical/Defensive Ratio vs. U.S. Recessions Cyclicals tend to outperform during periods of economic strength. Image: Variant Perception Research

Gold Price and Valuation FMS investors believe gold overvaluation has dropped. Image: BofA Global Fund Manager Survey

U.S. Labor Market – Number of Jobs Lost U.S. workers face permanent job losses as the coronavirus pandemic persists. Image: Morgan Stanley Wealth Management