S&P 500 Forward EPS and World Trade Growth
S&P 500 Forward EPS and World Trade Growth The chart shows a pretty good correlation between the S&P 500 forward 12-month EPS and the CPB World Trade Index. Image: Oxford Economics, Macrobond
Growth vs. Value – Based Relative Median Price to Forward Earnings Ratio
Growth vs. Value – Based Relative Median Price to Forward Earnings Ratio Growth continues to trade above its historical average vs. Value. Image: BofA US Equity & Quant Strategy
U.S. vs. China Trade Balance and Treasury Holdings
U.S. vs. China Trade Balance and Treasury Holdings China’s Treasuries holdings drop, while the U.S.-China trade balance shrinks very slightly amid the trade war. Image: BofA Merrill Lynch Global Research
U.S. Trade Deficit to GDP
U.S. Trade Deficit to GDP The chart shows that the U.S. trade deficit as percentage of gross domestic product is still huge, despite the US-China trade war. Image: BofA Merrill Lynch Global Research
Most Traded Goods Between U.S. and China
Most Traded Goods Between U.S. and China Taking a closer look at U.S. exports to China, and China exports to U.S., amid the trade war. Image: howmuch.net
Watch Warren Buffett’s full interview with CNBC’s Becky Quick
Watch Warren Buffett’s full interview with CNBC’s Becky Quick In this interview, Warren Buffett speaks about rail road, Berkshire Hathaway, economic slowdown, yield curve, recession, stock vs. bond, airlines & automotive industry, capitalism, inequality, benefits of free trade, IPOs, entertainment industry, Apple, American Express, Wells Fargo, real estate commission, philanthropy with 2% of GDP, odds,…
Domestic China Equities and Bonds Held by Overseas Investors
Domestic China Equities and Bonds Held by Overseas Investors Foreign holdings of Chinese equities rose to a record high this year, despite the U.S.-China trade war. Image: Bloomberg
Conference Board Confidence Index of CEO vs. U.S. Real Business Investment
Conference Board Confidence Index of CEO vs. U.S. Real Business Investment The trade war has no winners and could curtail U.S. business investment further. Image: NBF Economics and Strategy
U.S. Buybacks – Quarterly Share Repurchases by S&P 500 Companies
U.S. Buybacks – Quarterly Share Repurchases by S&P 500 Companies CEOs are worried about the economy and U.S. companies are spending less on stock buybacks, amid the trade war. Image: Financial Times
Survey – Credit Investors: What Are Your Biggest Concerns?
Survey – Credit Investors: What Are Your Biggest Concerns? The latest edition of BofAML credit survey shows that U.S. credit investors are concerned about the 2020 U.S. election, the trade war, and China. Image: BofA Merrill Lynch Credit Investor Survey