Category: Blog

S&P 500 Median Earnings Beat The earnings beat for the median S&P 500 company remains above the historical average. Image: Deutsche Bank Asset Allocation

U.S. Household Debt Outstanding as a Percentage of Annual Nominal GDP U.S. household debt as a percentage of nominal GDP remains stable. Image: Goldman Sachs Global Investment Research

U.S. Dollar Index vs. Commodities A strong U.S. dollar tends to be bearish for commodities. Image: Real Investment Advice

Valuation – Nasdaq Composite Index Next 12 Months Price/Earnings Ratio After the January sell-off, the valuation of the Nasdaq is becoming more attractive. Image: Morgan Stanley Wealth Management

S&P 500 Energy Sector Valuations The valuation of the energy sector remains cheap relative to the S&P 500. Image: Topdown Charts

BB vs. BBB Corporate Bond Spread The relative spread between BB and BBB corporate bonds remains stable, which is good news. Image: Morgan Stanley Wealth Management

Median S&P 500 Returns After Buying S&P 500 10% Off Its High Long-term equity investors shouldn’t worry too much when the S&P 500 is 10% off its high. Image: Goldman Sachs Global Investment Research

Total Return of Various Assets around the Globe Should investors consider Chinese government bonds? Image: Gavekal, Macrobond

Tech Stocks – Top-10 Nasdaq Sell-Offs in January Is the Nasdaq sell-off overdone? Image: Numera Analytics

Consensus MSCI U.S. EPS Forecasts Consensus expects U.S. EPS growth at 7.5% this year. Image: BofA Global Investment Strategy

Recession – Length of Every U.S. Business Cycle If the next U.S. recession occurs in mid-2024, it will be the 8th longest cycle out of 35 since 1850s. Image: Deutsche Bank