U.S. 10-Year Treasury Bond Yield and U.S. 10-Year Nominal GDP The long-term trend in U.S. nominal GDP growth is a good indicator of U.S. nominal bond yields. Image: Goldman Sachs Global Investment Research
Global Debt Nears Record Global debt hits $246 trillion (or 320% of GDP) and is just $2 trillion shy of all-time high. You may also like “Total Debt by Sector for Developed & Emerging Economies.” Image: International Monetary Fund
Global Growth Economy This chart shows the global real GDP growth and the long-term growth momentum. It’s never paid to bet against America. Picture Source: J.P. Morgan Asset Management
U.S. 10-Year Treasury Bond Yield vs. U.S. Nominal GDP The U.S. 10-year Treasury bond yield is highly correlated with the U.S. nominal GDP growth (correlation = 77%). Image: KKR Global Macro
GDP Growth Differential: U.S. vs. European Union U.S. GDP growth has been stronger than in the European Union in 28 of the last 40 quarters. It can explain why the U.S. dollar has been so strong relative to the euro. Image: Brandywine Global
China’s Importance to the World Economy China plays a key role in the world economy, as China share of global GDP is much bigger today than it was in 2003. Image: Oxford Economics
World Exports Are Contracting – May 2019 Nowadays, exports of goods and services represent 29% of global GDP and trade tensions are causing a contraction in world exports. Image: First Eagle Investment Management
U.S. Federal Debt Held by the Public The Congressional Budget Office projects that the U.S. federal debt will double GDP by 2050. Image: BofA Global Investment Strategy
U.S. Fiscal Stimulus and Deficit This chart suggests that the fiscal stimulus will amount to 18% of GDP in 2020 and 11% next year. Image: Goldman Sachs Global Investment Research
Manufacturing’s Share of the U.S. Economy Manufacturing accounts for only 10% of U.S. GDP, but 25% to 45% of the market response. Image: Goldman Sachs Global Investment Research