S&P 500 Index Average Monthly Returns Since 1950 and Elections Years February has averaged zero during an US election year since 1950, but has the best month the past 10 years. Image: LPL Research
Valuation – S&P 500 vs. MSCI EAFE and MSCI Emergind Markets This chart highlights the valuation gap between U.S. and international equities. Image: LPL Research
U.S. Unemployment Rate Minus U.S. Natural Rate of Unemployment and Recessions The unemployment rate minus the natural rate of unemployment has been negative for 34 months, and tends to bottom before a recession.
U.S. Consumer Credit The current downtrend in US consumer credit impulse could suggest a scenario of slowing growth this year. Image: Macrobond Financial
Info Tech Sector NTM P/E Premium to S&P 500 Is the tech sector expensive relative to the S&P 500? Image: Goldman Sachs Global Investment Research
U.S. Equity Valuation and Real Rates This chart highlights the various regimes for rates and equities over time. Image: Fidelity Investments
Trailing 12 Month EPS Growth: S&P 500 vs. MSCI AC World ex U.S. Chart suggesting that the “fundamental” advantage of U.S. stocks is diminishing. Image: Morgan Stanley Research
U.S. Survey Data and EPS Growth BofA’s model suggests 11.4% U.S. EPS growth by the end of Q2 2020. Image: BofA Global Research
Info Tech Stocks and Sales Exposure to Greater China Stocks in the information technology sector have the most sales exposure to Greater China. Image: Goldman Sachs Global Investment Research
Long-Term Annual Real GDP Growth in the U.S. Most forecasters projects long-term real GDP growth of about 2% in the United States, except for the White House (Office of Management and Budget). Image: Committee for a Responsible Federal Budget
VIX and S&P 500 Seasonality The chart shows the seasonality map for the VIX and the S&P 500, and how they move in opposite directions. Image: Topdown Charts