Bull Markets (Total Return)

Bull Markets (Total Return) Since the March 2009 low, the S&P 500 is up 397% and remains in a long-term bull market. Image: Fidelity Investments

The Stock Market’s Central Trend

The Stock Market’s Central Trend The chart shows that the S&P 500 is only 10% above its long-term trend since 1871. Image: Fidelity Investments

Number of 5% Sell-Offs in the S&P 500

Number of 5% Sell-Offs in the S&P 500 The chart shows the count of 5% sell-offs per year in the S&P 500. Keep in mind that it has happened almost every year and 154 times since…

U.S. Output Gap vs. U.S. Consumer Confidence

U.S. Output Gap vs. U.S. Consumer Confidence Great chart showing the strong correlation between U.S. consumer confidence and the U.S. Output Gap. U.S. consumer confidence always peaks before a recession. Image: Pictet Asset Management

Semiconductor Sales vs. Global Trade (volume)

Semiconductor Sales vs. Global Trade (volume) Interesting chart showing the correlation of 0.78 between semiconductor sales and global trade (volume). Image: Paolo Cardena

Home Builder Sentiment Leads Consumer Spending

Home Builder Sentiment Leads Consumer Spending Interesting chart suggesting that the NAHB housing market index leads the change in consumer spending. The latest reading for July suggests that the outlook for the U.S. economy is…