U.S. Unemployment Rate and U.S. Federal Government Budget Deficit This chart shows the unprecedented divergence between the U.S. unemployment rate and the U.S. federal government budget deficit. Image: Alpine Macro

S&P 500 Drawdown and 12-Month Forward P/E The current market selloff is in line with the average S&P 500 drawdown and 12-month forward P/E, since 1987. Image: Goldman Sachs Global Investment Research

Market Breadth (S&P 500) New 52-week highs minus new 52-week lows is the third lowest in history after 2008 and the 1930s. Image: Fidelity Investments

Sensitivity of the 2020 S&P 500 Price Targets to the Yield Gap Goldman Sachs expects the yield gap to narrow by year-end 2020. Image: Goldman Sachs Global Investment Research

Cumulative Bond Flows Since 2009 Flows into high-yield funds had been out of favor in this cycle. Is this good news? Image: Deutsche Bank Asset Allocation

U.S. Equity Mutual Funds Flow U.S. equity mutual funds have experienced the biggest drop in asset under management since 2008. Image: Macrobond Financial

S&P 500 30% Pullbacks It took only 22 trading days for the S&P 500 to fall 30% from its record high. Image: CNBC

Gold, U.S. Trade Weighted Dollar and S&P 500 In 2008, gold outperperformed after the Fed stepped in and removed liquidity constraints. Image: Goldman Sachs Global Investment Research

Dow Jones Industrial Average: Present vs. 1929 This chart compares the Dow Jones Industrial Average to 1929 (for informational purposes only). Image: Nautilus Research

U.S. Real GDP Growth Since 1900 and 2020 Forecast This charts puts US real GDP growth since 1900 into perspective and suggests different scenarios for 2020. Image: Morgan Stanley

Percentage of U.S. Households with No Emergency Savings Acount, by Income 40% of U.S. households don’t have $400 for an emergency expense, and 53% don’t have any emergency savings. Image: Deutsche Bank Global Research