Asset Growth in Global ETF Fixed-Income The incredible rise of fixed-income exchange-traded funds puts pressure on banks. Image: Financial Times

12-Month Earnings Yield Less Fed Funds Rate The 12-month earnings yield less Fed funds rate is just back to its historical average. Image: KKR Global Macro

Global Equities Flows and ISM Chart showing the correlation between global equities flows and ISM. Image: Goldman Sachs Global Investment Research

S&P 500 EPS Growth vs. Price Performance Chart showing the poor relationship between earnings growth and market performance, even in the long term. Image: BMO Capital Markets Investment Strategy Group

S&P Technology Sector and 200-Day Moving Average The chart suggests that the tech sector appears stretched, at nearly 20% above its 200-day moving average. Image: Strategas

A Weaker U.S. Dollar in 2020? This chart suggests that the U.S. dollar could decline this year, as long as the Fed keeps pumping money into the banking system. Image: Fidelity Investments

Growth Across 45 OECD Tracked Countries Chart suggesting stable growth this year and accelerating growth next year. Image: Charles Schwab

Equity Fund Flows Cycle, Credit and Government Bond Chart suggesting that the equity fund flows cycle has entered its last phase. Image: Goldman Sachs Global Investment Research

Housing – U.S. Existing Home Sales and 30-Year Mortgage Rate This chart shows the correlation between U.S. existing home sales and the 30-year mortgage rate (inverted), and suggests further improvements in sales. Image : Piper…

S&P 500 and Past Global Recoveries This chart compares the S&P 500’s recent rally with past global recoveries. Image: Arbor Research & Trading LLC

China-US Trade as % of Chinese GDP The downtrend in China-US trade will be hard to reverse, even with the “phase one” trade deal. Image: Financial Times