Federal Reserve Money Supply M2 Leads Global Manufacturing PMI Chart suggesting that the Federal Reserve money supply M2 leads global manufacturing PMI by 18 months. Image: Nordea and Macrobond
Global Manufacturing PMI and Multi-Asset Portfolio Returns This chart suggests that markets have not taken into account this year’s growth and profits slump. Image: J.P. Morgan Asset Management
Global Manufacturing PMI Increased After 15 Months of Consecutive Declines Global manufacturing PMI continues to improve after 15 months of consecutive declines. Is the worst over for global PMI? Image: Goldman Sachs Global Investment Research
Global Manufacturing PMI Above 50 Is the worst over for global manufacturing PMI? This interesting chart shows the percentage of global manufacturing PMI above 50. Image: FactSet, IHS Markit, Charles Schwab
Global Manufacturing PMI and MSCI Global Auto Index This chart shows the pretty good correlation between Global Manufacturing PMI and the MSCI Global Auto Index (YoY change). Image: J.P. Morgan
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
Taiwan Exports Lead Global Manufacturing PMI Interesting chart suggesting that Taiwan exports lead global manufacturing PMI by 3 months. Image: J.P. Morgan
China Credit Impulse and Number of Central Banks Easing vs. Tightening Lead Global Manufacturing PMI This chart suggests that China credit impulse and the number of central banks easing vs. tightening lead global manufacturing PMI by 6 months. Credit impulse is the change in new credit issued as a percentage of GDP. Image: J.P. Morgan
Chinese 5-Year Benchmark Yield Leads Global Manufacturing PMI Great chart suggesting that the Chinese 5-year benchmark yield leads global manufacturing PMI by 18 months. Image: Nordea and Macrobond
Global Manufacturing PMI This chart could suggest that the worst is over for global manufacturing after PMI ended 15 consecutive months of decline. Image: Charles Schwab
Global Manufacturing PMI and MSCI World Index The chart shows a pretty good correlation between Global Manufacturing PMI and the MSCI World Index. Stocks and PMI tend to move together. Image: Charles Schwab