Category: Blog

Volatility Across All Asset Classes This chart shows the current high correlation of implied volatility across all asset classes to U.S. Treasuries (MOVE). Image: Arbor Research & Trading LLC

The World’s Biggest Exporters China is the largest exporter in the world, followed by the U.S. and Germany. You may also like “The World’s Biggest Importers.” Image: howmuch.net

Demographics – Dow Jones and Generational Peaks This chart shows that generational peaks are associated with major market tops. GenX peaked in 2018 and Millennials don’t peak until 2038. Image: Fundstrat Global Advisors, LLC

S&P 500 and NIPA Corporate Profits After Tax S&P 500 rose relative to NIPA corporate profits after tax, thanks to buybacks. Image: Morgan Stanley

S&P 500 Index – Number of 2.5% Drops Per Month This chart shows that this month of August is volatile compared to other years. Image: Ryan Detrick, LPL Financial LLC

Sovereign Bonds with Negative Yields This chart puts things into perspective by showing the share of developed market sovereign bonds with negative yields (1-10 year maturities). Image: Credit Suisse

VIX and MOVE Correlation Periods of high correlation between VIX and MOVE are not good for balanced portfolios, because diversification is hard to find. Image: Arbor Research & Trading LLC

Percentage of Stocks That Beat the S&P 500 by Year This chart shows that the percentage of U.S. stocks that beat the S&P 500 in a given year is not small, but stock picking is not an easy task. Image: Of Dollars And Data

S&P 500 Forecast for 2019 Goldman Sachs is holding its year-end price-target for the S&P 500 at 3100, and its downside scenario at 2620 (as of August 23, 2019). Image: Goldman Sachs Global Investment Research

U.S. Average Tariff on All Imports A look at U.S. tariffs in the past and where they are today. Average U.S. tariffs were close to 1%, until President Trump decided to raise them. Image: BofA Merrill Lynch

Valuation – U.S. Stock Market Capitalization-to-GDP The U.S. stock market capitalization-to-GDP is a general gauge of market valuation, but it’s not very useful for short-term market timing. Image: Bloomberg