Globalization – World Exports and Imports as a Share of World GDP Is globalization stalling or reversing? This chart puts things into perspective. Image: BofA Global Research

S&P 500 vs. Global Wealth and Investment Management Equity as % AUM Global Wealth and Investment Management (GWIM) equity allocation is flat, while the S&P 500 is at all-time high. Image: BofA Global Investment Strategy

U.S. Prime Age Employment Ratio and Wage Growth Wage growth is sluggish, despite historically low unemployment in the United States. Image: Swedbank Research

Tesla vs. The 2000 Internet Bubble While investors are betting on Tesla’s success, this chart is not a prediction on where Tesla stock is heading. Image: Nordea and Macrobond

Are Fears About an Imminent Recession Overblown? Historically, a recession is coming when the Leading Index for the United States is below 1. Today, it stands at 1.37. “The leading index for each state predicts…

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts

Coronavirus, SARS and Swine Flu – Number of Cases and Deaths The chart suggests that the growth rate of cases of coronavirus is slowing. Image: J.P. Morgan

U.S. Trade Balance with China by Month U.S. deficit with China narrowed slightly in a year of trade tensions. Image: Oxford Economics

Bottom-Up Consensus Forecast of S&P 500 YoY Sales Growth Chart showing the bottom-up consensus forecast of S&P 500 year-over-year sales growth. Image: Goldman Sachs Global Investment Research

Inflows into Tech Funds This chart puts into perspective the annualized inflows into Tech funds. Image: BofA Global Investment Strategy

Valuation – Info Tech vs. S&P 500 The valuation of tech stocks relative to the S&P 500 seems relatively high. Image: Goldman Sachs Global Investment Research