U.S. Dollar and Euro (EUR/USD) Deutsche Bank expects the dollar to weaken into 2020. Image: Deutsche Bank Research

U.S. Corporate Profits vs. S&P 500 EPS The current divergence between large-cap profits and the rest of the economy is the widest on record. It is possible to close the gap “down” (recession) or “up”…

Cumulative Market Cap Growth vs. Cumulative Executed U.S. Buybacks Through the current cycle, U.S. buybacks have returned about $5.5 trillion to shareholders. Image: J.P. Morgan US Equity Strategy & Global Quantitative Research

Global GDP and the Three Soft Patches Since 2008 The strength of American consumers still remains the key drivers of global economic growth. Image: Richardson Wealth

U.S. Equity Bear Markets and Recessions In recent history, equity bear markets tend to occur six months before a recession, and when no one is looking for them. Image: BCA Research

Total Negative Yielding Bonds Outstanding Global negative-yielding debt has now fallen below the 2016 peak. Image: Bianco Research

Net Global Central Bank Hikes/Cuts Global central banks haven’t cut this much since the Great Financial Crisis. Image: BofA Merrill Lynch Global Investment Strategy

U.S. Demographics – Portfolio Allocation to Equities Chart suggesting that the average U.S. investor will move from holding 59% in equities to 56% by 2031, due to aging. Image: Arbor Research & Trading LLC

U.S. Earnings Growth in 2020 Chart suggesting that U.S. corporate earnings growth should expand into 2020. Image: LPL Research

U.S. Nonfarm Payroll Growth and Unemployment Rate Goldman Sachs expects new lows in the U.S. unemployment rate in 2020. Image: Goldman Sachs Global Investment Research