BofA Fund Managers Sentiment vs. MSCI ACWI TR

BofA Fund Managers Sentiment vs. MSCI ACWI TR Fund managers are euphoric about the future state of the global economy, but the chart suggests that the euphoria has not yet reached the warning zone. Image: Tomasz Hońdo

Average Age of U.S. Private Fixed Assets

Average Age of U.S. Private Fixed Assets Since the Great Financial Crisis, America’s equipment is getting older. Companies have been reluctant to invest and that’s not good news for the U.S. economy. Image: Deutsche Bank Global Research

U.S. Corporate Profits vs. S&P 500 EPS

U.S. Corporate Profits vs. S&P 500 EPS The current divergence between large-cap profits and the rest of the economy is the widest on record. It is possible to close the gap “down” (recession) or “up” (reflation). Image: BofA Global Research

Consumer Spending Contribution to U.S. GDP

Consumer Spending Contribution to U.S. GDP Consumer spending, which accounts for about 70% of the U.S. economy, is driving GDP growth solo. Image: Oxford Economics

Share of World GDP

Share of World GDP U.S. consumption alone accounts for around 17% of word GDP, a larger share than the entire Chinese economy. Image: Deutsche Bank Global Research

U.S. Debt Growth vs. Real GDP Growth

U.S. Debt Growth vs. Real GDP Growth Chart showing that the United States is on an unsustainable path, because U.S. debt is growing faster than the economy. Image: Real Investment Advice