China’s Response to the Spread of the Coronavirus This chart puts the spread of the coronavirus into perspective. Image: Gavekal, Macrobond

Global Industrial Cycle and Copper vs. Equities Chart suggesting that copper should outperform equities in a global industrial rebound. Image: Oxford Economics

EUR/USD and Euro Area M3 Chart showing the correlation between the euro-area broad money supply (M3) and EUR/USD (inverted). Image: Morgan Stanley Research

Demographics – World Population since 1400 The United Nations predict that the world’s population will increase from 7.7 billion currently to 9.7 billion in 2050. Image: Deutsche Bank

S&P 500 and Back-to-Back Losses This is one of the longest streaks ever for the S&P 500 without back-to-back losses since 1955. Image: Ryan Detrick, LPL Financial LLC

S&P 500 January-January Price % Changes during Years Associated with Chinese Lunar New Years since 1900 2020 is the year of the rat by the Chinese lunar calendar. This chart shows S&P 500 returns during…

Monthly S&P 500 Seasonality Back to 1928 The monthly seasonality of the S&P 500 could suggest a pause in February. Image: BofA Global Research

Chicago Fed National Financial Conditions Index and Recessions This indicator provides an update on U.S. financial conditions in money markets, debt, equity markets and the traditional & “shadow” banking systems. If financial conditions tighten sharply,…

Volatility – Number of S&P 500 Companies Reporting Daily vs. Average Performance Dispersion As the number of earnings results increases, the higher the volatility of stock. Image: BofA US Equity & Quant Strategy

U.S. 10-Year Treasury Yield and Viral Outbreaks This chart shows that the impact of previous viral outbreaks (SARS, H1N1, H7N9, Ebola) on U.S. bonds was short-lived. Image: Goldman Sachs Global Investment Research

China Share of Global GDP China share of global GDP is bigger today than it was during the SARS epidemic in 2003. Image: Danske Bank Research