Aggregated Daily Total Card Spending for U.S. Households That Received CARES Stimulus Payment vs. Those That Did Not This chart suggests that CARES stimulus payments are working, as U.S. households immediately boosted spending. Image: Bank of America Merrill Lynch
G4 Central Bank Balance Sheet as % of GDP and MSCI World Index G4 central bank balance sheet (Fed, ECB, BoJ, BoE) as % of GDP is expanding. Image: Jeroen Blokland
Largest Bailouts in History in 2020 USD vs. G7 Debt to GDP This chart shows the largest global bailout in history, as a response to the coronavirus crisis. Image: Deutsche Bank
Number of Times S&P 500 Fell 7% and Hit a Circuit Breaker U.S. futures and U.S. stocks have hit multiple level-one circuit breakers this year. Image: Deutsche Bank Global Research
U.S. High Yield Default Rate This chart suggests that U.S. high yield default rate could rise to 10% by year-end. Image: Oxford Economics
Returns for WTI Crude Oil Futures and MSCI Emerging Markets Index The WTI crude oil price tends to reflects EM fundamentals. Image: Nomura
S&P 500 and Investment-Grade Spreads The S&P 500 tends to move together with investment-grade spreads. Image: Credit Suisse Research
Potential Dates for the Initial Lifting of Coronavirus Restrictions This table suggests when some countries will lift their coronavirus lockdowns. Image: Deutsche Bank
World Oil: Demand vs. Supply By how much does oil supply exceed demand? Image: Alpine Macro
Cash – Money-Market Fund Assets Morgan Stanley’s wealth clients moved away from stocks into cash. Image: Bloomberg
Federal Debt Held by Public and Annual U.S. Deficit The U.S. budget deficit may quadruple in 2020 to almost $4 trillion, and the stimulus will take the U.S. national debt to wartime levels. Image: Bloomberg