Valuation – Emerging Market and Developed Market Countries – PE10 vs. 10-Year Forward Returns Valuation matters over time in the stock market. This chart shows the PE10 vs. subsequent 10-year CAGR (Compound Annual Growth Rate). Image: Topdown Charts
Tracking Developed Markets Inflation More developed markets are missing their inflation goals. Image: Macrobond Financial
Median Developed Market Debt to GDP The total debt to gross domestic product is going back to 1865 for 12 developed countries. Image: Deutsche Bank
U.S. Tariff Rates Are Now Higher Than Developed Market Countries, Approaching Emerging Countries The average U.S. tariff rate could increase to 7.7%, close to those of Brazil. You may also like “China is Raising Tariffs Only on the U.S..” Image: J.P. Morgan Asset Management
Earnings Forecasts – U.S., Developed International and Emerging Markets Earnings are expected to rise substantially in 2021, as the global economy continues to recover from the coronavirus pandemic. Image: LPL Research
Developed and Major Emerging Markets Growth Forecast Chart suggesting that growth in developed and major emerging markets should improve in 2020. Image: Deutsche Bank Global Research
Total Debt by Sector for Developed & Emerging Economies Argentina is the least indebted market in terms of GDP, while Japan is the most indebted market in terms of GDP. The United States’ total debt is 252% of GDP. Image: Pictet Asset Management
Was the US Stock Market Crash on October 19, 1987, a “Black Swan” Event? A “Black Swan” is a metaphor that describes an event that comes as a surprise with a major effect, which is extremely difficult to predict. The theory was developed by Nassim Nicholas Taleb. The US stock market on October 19, 1987,…
Average and Median Equity Duration U.S. equities are 25% more sensitive to interest rate moves than other developed market equities. Image: Morgan Stanley Wealth Management
Valuation – Cyclically-Adjusted P/E Why are U.S. equities more expensive than other developed markets? Image: BCA Research