Global Industrial Cycle and Copper vs. Equities
Global Industrial Cycle and Copper vs. Equities Chart suggesting that copper should outperform equities in a global industrial rebound. Image: Oxford Economics
Global Industrial Cycle and Copper vs. Equities Chart suggesting that copper should outperform equities in a global industrial rebound. Image: Oxford Economics
Consumer, Housing & Retail, Imports-Exports and Industrial Chart suggesting that consumer strength should pull the industrial economy upwards. Image: Arbor Research & Trading LLC
Commercial and Industrial Loans of U.S. Banks as % of GDP vs. Deliquency Rate Is the end of the U.S. credit cycle near? The delinquency rate remains low, while U.S. business loans are close to previous highs. Image: Pavilion Global Markets
U.S. Commercial and Industrial Loans Outstanding Business loan growth is slowing down, despite Fed easing. Currently, liquidity is going into the financial markets, but not into the real economy. Image: Pictet Wealth Management
Business and Industrial Sentiment vs. U.S. GDP Chart suggesting that business and industrial surveys have not explained U.S. economic growth over the past decade (R² = 0). Image: Arbor Research & Trading LLC
China Real M1 Leads World Industrial Production Chart suggesting that China’s real M1 leads world industrial production by 6 months. Image: Nordea, Sebastian Dypbukt Källman
S&P 500 Industrials Index and U.S. Manufacturing Unit Labor Costs When U.S. labor costs rise, industrial profit margins are under pressure. Image: Quill Intelligence, LLC
Commodities vs. Dow Jones Industrial Average Chart suggesting that commodities are very undervalued relative to the U.S. stock market. Image: Incrementum
U.S. Commercial and Industrial Loans Interesting chart suggesting that U.S. commercial and industrial loans are expected to slow. Image: Quill Intelligence, LLC
S&P 500 Value vs. Growth Leads Global Industrial Production This great chart suggests that the S&P 500 value vs. growth leads global industrial production by 9 months. Image: Alpine Macro