Cyclicals vs. Defensives Cyclicals have become as pricey as defensives, leaving them vulnerable if confidence falters. Higher energy costs or trade disruptions could worsen the pressure by dampening activity. Image: Goldman Sachs Global Investment Research
Global Crude Oil Export Global crude exports have tumbled as conflict flares across the Middle East, rattling supply routes. Analysts see several weeks of disruption but some relief ahead if tensions cool. Image: J.P. Morgan Commodities Research
Brent Crude Oil Prices – Biggest Weekly Jumps Fueled by a sudden escalation in Middle East conflict and concerns over major supply disruptions, Brent crude oil prices experienced one of their biggest weekly gains since 1988. Image: Deutsche Bank
U.S. Treasury Bill Yield by Maturity A default by the U.S. government could have significant negative effects on the economy, including financial market disruptions and a loss of faith in the United States by international investors. Image: BofA Global Research
Annual Change in Monetary Supply Draining liquidity has historically been a major concern in financial markets, as it can lead to significant disruptions and have broader impacts on the economy. Image: Real Investment Advice
Oil Prices and Consensus Capex Could oil capex cuts lead to supply disruptions? Image: Morgan Stanley Research
Risk of Small Business Closure More than 30% of US small businesses are at risk, if business disruption caused by the coronavirus pandemic persists for two months. Image: CNBC
Global Real GDP Growth According to Morgan Stanley, the recovery is just being delayed and the second scenario appears the most likely: escalation and more disruption in the second quarter, and the virus peaks in May. Image: Morgan Stanley Research
Performance of S&P 500 Index Around Global Health Emergencies Historically, market reactions to previous major health scares have shown short-term volatility, but no disruptions over an extended period of time. Image: Ned Davis Research