Gold Prices vs. Commodities The declining correlation between the price of gold and commodities may suggest that the commodity bear super-cycle is nearing its end. Image: Wells Fargo Investment Institute

U.S. Market Breadth At the dotcom bubble peak, the percentage of stocks outperforming the S&P 500 was 27% vs. 42% today (the historical average is 48%). Currently, the relative market breadth isn’t as extreme as…

Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index Despite the coronavirus, both regional PMIs suggest an increase in U.S. ISM manufacturing this month. Image: Swedbank Research

U.S. Nonstore Retail Sales This chart puts into perspective U.S. nonstore retail sales, which are a proxy measure for ecommerce performance. Image: The Daily Shot

U.S. 10-Year Treasury Note Yield Year-Over-Year Change Explained Chart suggesting that the slowing industrial economy and inflation explain U.S. 10-year Treasury note yield. Image: Arbor Research & Trading LLC

Inequality – Contribution to the Saving Rate by Income Quintile in the U.S. The top 20% of households account for almost all the savings in the United States. Image: Goldman Sachs Global Investment Research

U.S. Output Gap as % of Potential GDP and U.S. Wage Growth (Leading Indicator) Chart suggesting that US output gap as % of potential GDP tends to lead US wage growth by one year. Image:…

Central Bank Balance Sheet Expansion and Local Stock Returns Central bank balance sheet expansion matters, but not as much as investors think. Image: Jeroen Blokland

Top 10 Countries by Share of Global Manufacturing Output China manufacturing accounted for 28.4% of the country’s total economic output. Could the ripple effects of the coronavirus affect China’s ranking? Image: Statista

The Four Business Cycle Phases This chart explains the four cycle phases; expansion, downturn, repair, and recovery. Image: Morgan Stanley Research