S&P 500 – 9/11 Analog to Coronavirus

S&P 500 – 9/11 Analog to Coronavirus The chart shows the S&P 500 index in 2001 indexed to the S&P 500 today. In 2001, the stock market bounced back strongly. Image: Fidelity Investments

High Yield Spread to Worst

High Yield Spread to Worst Is the panic over for high-yield bond investors, as global coronavirus fears intensify? Image: J.P. Morgan

Coronavirus Momentum

Coronavirus Momentum This chart suggests that the coronavirus momentum may fade next week, as the daily new coronavirus cases outside of China resemble the Chinese outbreak with a lag of one month. Image: Nordea and…

A History of Recent Fed Intermeeting Rate Cuts

A History of Recent Fed Intermeeting Rate Cuts In recent history, once the Fed does 50bps emergency rate cut, they normally go 50bps again at next regular meeting. Image: Deutsche Bank Global Research

S&P 500 Around Emergency Fed Rate Cuts

S&P 500 Around Emergency Fed Rate Cuts In recent history, the performance of the S&P 500 has been mixed after emergency Fed rate cuts. Image: Nordea and Macrobond

S&P 500 and Key Fed Dates

S&P 500 and Key Fed Dates Chart showing that the U.S. stock market has been Fed driven in the past year. Image: Credit Suisse Research

Non-Financial Corporate Bond Debt

Non-Financial Corporate Bond Debt Chart showing the corporate bond debt due within the subsequent three years. Is this where the next debt crisis will begin? Image: Financial Times