Global Central Bank Balance Sheet Growth and Quantitative Easing BofA suggests that global central bank balance sheets will peak at $879bn in September 2020. Image: BofA Global Investment Strategy
U.S. CPI Inflation Chart suggesting lower inflation ahead. Image: Oxford Economics
Secular Bull Market – S&P 500 and Small Caps vs. Large Caps Ratio This chart suggests that secular bull markets are bearish for small caps. Image: BofA Global Research
OECD Unemployment Rate and MSCI World As the chart suggests, very low unemployment isn’t usually great for stocks returns. Image: Morgan Stanley Research
U.S. Real GDP Forecast According to 37 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia, U.S. real GDP is expected to grow 2% in 2020 and should continue to improve next year. Image:…
University of Michigan Stock Market Increase Probability Next Year and S&P 500 Drawdowns This chart suggests to remain vigilant on the U.S. stock market, when bullish sentiment is so high. Image: Bloomberg
U.S. Monetary Policy, Term Premium and Yield Curve This chart suggests when U.S. monetary policy is too tight or too loose. An inverted yield curve is a sign that monetary policy is too tight. Image:…
Expected Impact of Coronavirus on Global GDP Growth Chart suggesting that in the first quarter of 2020, the Chinese economy will experience its slowest growth since the global financial crisis. Image: Financial Times
Annual Average Temperature Anomaly and CO2 Concentration Chart showing the correlation between CO2 concentration and annual average temperature anomaly. Image: Morgan Stanley Research
Weekly Net Flows into Bond Mutual Funds and ETFs Bond funds benefit from record inflows, reflecting investor fears about the coronavirus’s spread. Image: Financial Times
Liquidity – Average Daily Trading Volumes U.S. treasuries are the most liquid class of assets, with an average of $485 billion a day in 2018. Image: howmuch.net