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

Chinese Stocks – CSI 300 vs. Hang Seng vs. S&P 500 vs. FTSE All World Chinese stocks are outperforming the U.S. stock market. Is it time to invest in China? Image: Financial Times

Euro to U.S. Dollar (EUR/USD) Forecast If history repeats itself, the pair EUR/USD could trade lower in 6 months time. Image: Nordea and Macrobond

Nasdaq vs. Nasdaq Volatility Index The Nasdaq Volatility Index and the Nasdaq tend to move in opposite directions. As the Nasdaq Volatility Index is raising, it is a warning signal. Image: The Daily Shot

High-Yield Option-Adjusted Spread and Banks Reporting Tightening C&L Loan Standards Banks are tightening lending standards amid uncertain economic outlook, while credit spreads have largely normalized. Image: Goldman Sachs Global Investment Research

Global PMI vs. Orders/Inventory Ratio (Leading Indicator) Inventory-shipment ratios suggest a surge in the global manufacturing PMI over the next 2-3 months. Image: BofA Global Investment Strategy