Demographics – U.S. Population Projections Under Alternative Immigration Scenarios In a high immigration scenario, the U.S. population is projected to grow to 446.9 million in 2060. Image: U.S. Census Bureau
Earnings, Dividends and Valuation Chart showing the deviation of the S&P 500 Index against its trend line. The U.S. stock market needs earnings growth to rise this year. Image: Fidelity Investments
U.S. Stocks and U.S. Bonds: Returns Following Fund Flow Divergence In 2019, bond fund flows outpaced stock fund flows. The difference is the largest ever recorded ($588bn). Image: BlackRock Investment Institute
Share of IPOs with Positive Net Income in Year 1 The IPO class of 2019 is the least profitable of any year since the internet bubble. Image: Goldman Sachs Global Investment Research
Global PMI Manufacturing and Rolling Yearly Change in the Balance Sheet (FED, ECB, BoJ, PBOC) This chart shows the correlation between the change in global liquidity and the global PMI manufacturing. Image: Swedbank Research
Small Caps: Russell 2000 Last 12 Month Performance Grouped by Stocks > 10-Years Old and < 2-Years Old Chart suggesting more alpha among “newer” Russell 2000 small cap stocks over the last 12 months. Image:…
Economy – Where People Are Losing Faith in Capitalism? Some countries appear to have more confidence in capitalism than others. Image: Statista
Calendar Year Performance During U.S. Presidential Election Years Presidential election years have historically been good for U.S. equities, when an incumbent president winds up winning reelection. Image: BlackRock Investment Institute
Median Stock EV/Sales Valuation: Russell 3000 Software vs. Total Russell 3000 The valuation of software stocks is close to the highest levels since the internet bubble. Image: Goldman Sachs Global Investment Research
Technology Relative to Energy and Industrials Tech companies dominate the global market as never before since the internet bubble. Image: Financial Times
Share of Energy from Renewable Sources In the United States, renewable energy sources account for about 11% of total energy consumption. Image: Deutsche Bank Global Research