U.S. Consumer Confidence and CEO Confidence The trade war keeps weighing on CEO confidence, which is near record lows, while consumer confidence has remained relatively strong. Image: Goldman Sachs Global Investment Research
Liquidity Premium and IG Bonds The spread between low liquid and high liquid IG bonds is widening, despite the rally and the belief of an improvement in US-China trade tensions. Image: Goldman Sachs Global Investment Research
U.S. and China Stock Markets U.S. and China stock markets are both higher year-to-date, amid the trade war. Image: Danske Bank Research
S&P 500 Value Index at All-Time High Historically, when the S&P 500 Value Index made a new all-time high for the first time in 200+ days, it went higher 6 months later. Image: Sentimentrader
Global Manufacturing PMI and Multi-Asset Portfolio of Cyclicals Using global manufacturing PMI to trade cyclicals in different business cycle phases. Image: J.P. Morgan
MSCI World Index Valuation at Cycle Peaks and Troughs On average, the MSCI World Index currently trades at a price-to-earnings ratio that has marked cyclical peaks in the stock market over the past 50 years. Image: Charles Schwab
Earnings Estimates: Emerging Markets Emerging markets are the hardest hit by the trade war. Image: Fidelity Investments
NFIB Survey Leads U.S. Employment The U.S. economy is not unaffected by the trade war and global slowdown. This chart suggests that U.S. employment is slowing down. The chart also suggests that the NFIB survey leads U.S. employment by 6 months. Image: Rothschild & Co Asset Management Europe
ISM Manufacturing Index, ISM Non-Manufacturing Index and U.S. GDP U.S. services sector suggests that the U.S. economy is weathering the trade war. Image: Institute of International Finance
Projecting the Bull and Bear Market If a US-China trade deal is reached, this chart suggests a rally to the long-term bullish trend line at 3300. Image: Real Investment Advice
S&P 500 After Official Presidential Impeachment Inquiry Chart showing that two presidential impeachment inquiries had two different results. Image: Sentimentrader