Bubble – Wilshire 5000 to Nominal GDP Ratio

Bubble – Wilshire 5000 to Nominal GDP Ratio The ratio of market capitalization to GDP is now higher than it was before the Internet bubble burst. Is the U.S. stock market on a bubble? Image: Statista

EPS Growth – Political Party and S&P 500 Profits Cycle

EPS Growth – Political Party and S&P 500 Profits Cycle Historically, S&P 500 volatility has increased ahead of U.S. elections, but at the end of the day, “profits matter more than politics.” Image: BofA US Equity & US Quant Strategy

WTI Crude Oil vs. S&P 500 Energy Index

WTI Crude Oil vs. S&P 500 Energy Index U.S. energy stocks continue to trade at low levels relative to crude oil prices. Image: Morgan Stanley Wealth Management

Fed Funds Futures Curve (Interest Rates)

Fed Funds Futures Curve (Interest Rates) For the first time, traders are starting to price in negative U.S. interest rates for first time. Image: The Daily Shot

Conference Board Consumer Confidence

Conference Board Consumer Confidence U.S. consumer confidence falls in August, as more and more companies announce layoffs. Image: The Daily Shot