U.S. Small Business Sales Expectations and Nominal U.S. GDP Growth Chart showing the correlation between U.S. small business sales expectations and nominal U.S. GDP growth, and the impact of small businesses to the U.S. economy.…

U.S. Real GDP and Productivity The U.S. economy is slowing down and productivity falls by most since 2015. Is the drop in productivity temporary? Image: Oxford Economics

Net Proportion of Global PMI with Positive 12-Month Change There are signs of a bottom in global PMIs: 12 out of 41 countries see a positive 12-month change. This is double the number from July…

60/40 Portfolio – Bull and Bear Markets This is the longest bull market for balanced equity/bond portfolios in over a century, without a 10% total return drawdown. Image: Goldman Sachs Global Investment

Recessions Length in Quarters Historically, recessions tend to be two or three quarters. Image: Oxford Economics

S&P 500 Valuation and Subsequent Annualized 10-Year Returns Chart suggesting annualized returns of approximately 5% over the next 10 years. Image: BofA Merrill Lynch Global Research

U.S. Stock-to-Bond Ratio Leads U.S. Real GDP Chart suggesting that the U.S. stock-to-bond ratio leads U.S. real GDP by 6 months, which could indicate higher GDP growth. Image: Alpine Macro

The Biggest IPOs of All Time Saudi Aramco could be the world’s biggest IPO. Image: Statista

S&P 500 Index and UBS Weighted Global Growth Surprise Index The divergence between the S&P 500 Index and the global growth surprise index could explain why this bull market is so hated. Image: Swedbank Research

S&P 500 Price Return 12-Month Period Following Midterm Election Since 1946, the S&P 500 has never declined in the 12 months following a midterm election. Image: Strategas

U.S. Employment Rate 55+ The U.S. employment rate of older workers is increasing in a long-term trend. Image: Ernie Tedeschi