U.S. Conference Board Consumer Confidence Index vs. S&P 500
U.S. Conference Board Consumer Confidence Index vs. S&P 500 The U.S. Conference Board Consumer Confidence Index is still high compared to previous bear market bottoms. Image: Tomasz Hońdo
U.S. Conference Board Consumer Confidence Index vs. S&P 500 The U.S. Conference Board Consumer Confidence Index is still high compared to previous bear market bottoms. Image: Tomasz Hońdo
Market Sentiment Index The market sentiment index is at a bearish extreme, but the stock market can still decline further. Image: Alpine Macro
S&P 500 Largest One Day Gains 1928 – 2020 The largest daily gains in the S&P 500 tend to occur during secular bear markets. Image: Bespoke Investment Group
S&P 500 and Number of Trading Sessions to Close Down 20% or More from a Peak The S&P 500 experiences its fastest fall into bear market in history. Image: Financial Times
Gold Prices vs. Commodities The declining correlation between the price of gold and commodities may suggest that the commodity bear super-cycle is nearing its end. Image: Wells Fargo Investment Institute
Secular Bull Market – S&P 500 and Small Caps vs. Large Caps Ratio This chart suggests that secular bull markets are bearish for small caps. Image: BofA Global Research
Valuation – Forward P/E Ratio From the valuation peak of January 2018, most P/E ratios have seen drawdowns of 20%-30%, making this feel like a bear market. Image: Fidelity Investments
S&P 500 Levels, Bank Projections Morgan Stanley is a bear, but Wall Street expects gains for the S&P 500 in 2020 Image: Financial Times
Long-Term U.S. Dollar Cycles This chart shows bear and bull cycles in the U.S. dollar. Will the U.S. dollar enter a bear market? Image: Alpine Macro
S&P 500 Earnings So far, S&P500 earnings are not down dramaticaly as in previous bear markets. Image: Quercus TFI S.A.
Trade-Weighted U.S. Dollar vs. U.S. 10Y-2Y Yield Curve A support for U.S. dollar bears could be a significant Fed easing, resulting in a steeper yield curve. Image: Saxo Bank