Performance of S&P 500 Index Around Global Health Emergencies Historically, market reactions to previous major health scares have shown short-term volatility, but no disruptions over an extended period of time. Image: Ned Davis Research
Bitcoin, Gold and Performances by Asset Classes Bitcoin is the best performing asset class YTD, even better than gold known as the “safe haven” asset. Image: Fundstrat Global Advisors, LLC
Inequality – Share of Population in Middle-Income Households and Annual Median Income The middle class is shrinking rapidly in the United States. It’s at the same level as China, Turkey and Russia. Image: Deutsche Bank…
Discretionary Retail Establishments in the United States Chart suggesting that the rise of ecommerce is having a real impact on retail stores. Image: Financial Times
U.S. Business Cycle – Global Equity vs. Bonds and U.S. Unemployment Rate Chart suggesting that U.S. growth has peaked. Image: Pictet Asset Management
China – How the coronavirus compares with the SARS virus in 2002-2003? This comparison reveals both positive and negative factors. Image: Danske Research
Flows into U.S. Sustainable Funds Chart showing that more money flows into U.S. sustainable investment funds. Image: Financial Times
Correlation Between VIX and MOVE The rolling one-year correlation between VIX and MOVE is at the highest level on record. Image: Arbor Research & Trading LLC
The SARS Analog – Virus Outbreaks and Global Markets The chart shows the SARS analog (2002 vs. 2020), highlighting the S&P 500 Index, the MSCI China Index, emerging markets vs. U.S. EPS and the CRB…
Consolidated Equity Positioning Equities positioning are at their highest level in two years, as optimistic investors price in a global growth rebound. Image: Deutsche Bank Asset Allocation
China’s Response to the Spread of the Coronavirus This chart puts the spread of the coronavirus into perspective. Image: Gavekal, Macrobond