Trade War – Probability of a US-China Trade Deal
Trade War – Probability of a US-China Trade Deal The market-implied probability of a US-China trade deal rises to 40%. Image: Goldman Sachs Global Investment Research
Trade War – Probability of a US-China Trade Deal The market-implied probability of a US-China trade deal rises to 40%. Image: Goldman Sachs Global Investment Research
Brent 5-Year Futures Price This chart shows that long-dated oil prices stayed relatively flat after attacks on Saudi Arabia’s oil infrastructure. Image: Goldman Sachs Global Investment Research
The Growth of Passive Investing in the U.S. and Europe Passive ownership represents 16.2% in the U.S. compared to 7.2% in Europe. Image: Goldman Sachs Global Investment Research
Oil Market Disruption This chart suggests that “the oil market can cope with a larger Saudi disruption for several months.” Image: Goldman Sachs Global Investment Research
Global Equity – Global Bond Fund Flows In the past two weeks, investors have shifted from bonds to equities. Image: BofA Merrill Lynch Global Investment Strategy
S&P 500 Valuation This chart shows that the S&P 500 is in a trading range rather than in a bearish or bullish market trend, for more than 20 months. Image: Fidelity Investments
Share of Emerging Market Central Banks Hiking/Cutting Chart showing that emerging market central banks cut rates by most in a decade. Image: Goldman Sachs Global Investment Research
S&P 500 Valuation and Equity Risk Premium This chart shows that the equity risk premium (earnings yield less 10-year Treasury yield) has declined to 3.9%. Image: Fidelity Investments
S&P 500 Index Total Returns — 108 Years Over the past 108 years, the S&P 500 has generated positive annual returns more than 72% of the time. Image: Wells Fargo Investment Institute
Is the Worst Over for Global Manufacturing PMI? The global manufacturing PMI shows the first monthly increase, after PMI ended 15 consecutive months of decline. Image: Goldman Sachs Global Investment Research
Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research