Category: Blog

MSCI World Median Correction and Recovery vs. Current Drawdown This charts shows a “beautiful V” and puts the current drawdown into perspective. Image: Ken Fisher, Fisher Investments

World vs. U.S. GDP Growth Forecast World GDP is expected to grow faster than that of the United States. Image: Goldman Sachs Global Investment Research

KC Fed Labor Market Conditions Index and Recessions The KC Fed Labor Market Conditions Index is positive. Labor market conditions remain above their long-run average. Historically, a negative value is a necessary, but not sufficient requirement for recessions: it means that labor market conditions are below their long-run average.

U.S. Dollar and Short Positions There is a risk of a short squeeze, as betting against the dollar is looking like a crowded trade. Image: Bloomberg

Cash Allocation Percentile vs. History Cash allocations are going down and could suggest more upside for stocks. Image: Goldman Sachs Global Investment Research

Year-to-Date Performance – S&P 500 vs. Russell 2000 The Russell 2000 index has lagged the S&P 500 year-to-date, as many small-cap stocks are missing the party. Image: Financial Times

Coronavirus – Daily Deaths from COVID-19 in the U.S. and Currently Hospitalized due to COVID-19 Both of these graphs show encouraging signs in the United States, as the growth in new COVID-19 cases continues to decline. Image: BofA Global Research

Bank Loans and Bank Lending Standards According to BofA, banks won’t lend, as nearly three-quarters of loan officers reported tighter bank lending standards in the second quarter. Image: BofA Global Investment Strategy

U.S. Composite Activity Indicator vs. Monthly U.S. GDP Forecast The J.P. Morgan composite activity indicator has lined up with reported monthly GDP so far, as retail enjoys swift revival in sales. Image: J.P. Morgan

EUR/USD and S&P 500 The correlation between the EUR/USD and the S&P 500 is very high. Will August end in storms for markets? Image: Societe Generale Cross Asset Research

Holding Period of Stocks in Years Investors are advised to invest for the long-term, but the length of time that they hold shares has been shrinking. Image: Reuters