Austria Century Bond Yield Austria century bond yield plunges as coronavirus fears intensify. Image: Bloomberg

ICE Brent Crude Oil Price and NYMEX Crude Oil Price Oil price plummets, as OPEC+ failed to agree production cuts. Image: The Daily Shot

Equity Market Reaction to Improvement in Outbreak Charts showing that the low for equities in China was reached on Day 20, and in Korea on Day 11. Image: BofA Global Research

Earnings Sentiment Chart showing unusually low levels of earnings sentiment. Image: Goldman Sachs Global Investment Research

S&P 500 and NYSE Down Volume Ratio Four of the past nine days have seen NYSE down volume ratio above 88%. Historically, the S&P 500 rallied every time over the next year, with a median…

Buybacks – S&P 500 Annual Share Repurchases Goldman Sachs expects stock buybacks among S&P 500 companies to drop 5% to $675 billion this year. Image: Goldman Sachs Global Investment Research

S&P 500 Decline and P/E Change in Recessions Historically, following a recession, the S&P 500 fall by a median of 22% from peak to trough and S&P multiples contract by a median of 21%. Image:…

U.S. 30-Year Bond Total Return by Year U.S. long-bond yield hits all-time low, with the world in crisis mode. Image: Arbor Research & Trading LLC

VIX and Number of Regions/Cities with Confirmed Coronavirus Case Daily Growth Rate Above 30% This chart shows the correlation between VIX and the number of regions/cities with confirmed coronavirus case daily growth rates above 30%.…

U.S. Stock Market – 9/11 as Analog to Coronavirus This chart compares 9/11 to coronavirus. It shows the P/E ratio as a percentile, and EPS. Image: Fidelity Investments

Annual S&P 500 EPS Growth and S&P 500 Forward P/E Goldman’s baseline scenario suggests S&P 500 EPS growth of 0% in 2020 and forward P/E multiple equals 19.4x at year-end 2020. Image: Goldman Sachs Global…