Category: Blog

MSCI World Around Bear Markets After the shortest, and one of the sharpest bear markets in history, the MSCI World recovery is still better than post-GFC. Image: Goldman Sachs Global Investment Research

Commodities – Percentage of Commodity Prices with a Positive 22 Trading Day Return Should investors rethink investing in commodities? Image: Arbor Research & Trading LLC

FMS Global Bond Allocation FMS global bond allocation is now at its lowest level in three years, at -69%. Image: BofA Global Fund Manager Survey

U.S. Jobs – U.S. Nonfarm Employment Is the labor market running hot? 10 million jobs are still missing in the United States. Image: Financial Times

Rates – 10-Year U.S. Breakeven Rate and Federal Reserve 10-Year U.S. Real Rate Should investors be worried about the risk of rising U.S. real rates? Image: Morgan Stanley Wealth Management

When Do You Think Will Be the Next Recession? Should investors expect a recession in 2024 at the earliest? Image: BofA Global Fund Manager Survey

Jobs – Monthly JOLTS and U.S. Unemployment Rate Some Americans are earning more money from unemployment benefits than they do working their job. Image: J.P. Morgan Asset Management

Average Short Interest on Companies in the S&P 500 Sign of optimism or complacency?  Short interest on companies in the S&P 500 continues to decline. Image: Financial Times

M1 Money Supply Growth YoY The M1 money supply in the United States has grown faster than any time in history. Image: Gavekal, Macrobond

S&P 500 Total Number of Employees to Total Revenues Ratio In 1986, it took 8 employees to generate US$1 million in revenue. Today, the S&P 500 is 70% less labor intensive than it was in the 80s. Image: BofA Global Research

Inflation – Annualized 3-Month Headline CPI Change Has U.S. headline inflation peaked? Image: BofA Global Investment Strategy