ISM PMI and S&P 500
ISM PMI and S&P 500 What does a cooling in U.S. manufacturing growth mean for the S&P 500 in the coming months? Image: BofA Global Research
ISM PMI and S&P 500 What does a cooling in U.S. manufacturing growth mean for the S&P 500 in the coming months? Image: BofA Global Research
Global PMI vs. Orders/Inventory Ratio (Leading Indicator) Inventory-shipment ratios suggest a surge in the global manufacturing PMI over the next 2-3 months. Image: BofA Global Investment Strategy
China Manufacturing PMIs China continues to show signs of recovery from the coronavirus pandemic, as China’s manufacturing PMIs expanded in September. Image: Goldman Sachs Global Investment Research
% of Economies with Improving Manufacturing PMI vs. Previous Month Recent global manufacturing PMI data suggest the economic comeback is underway. Image: Morgan Stanley Research
% of Economies with Improving Manufacturing PMI vs. Previous Month Global manufacturing outlook improves, as 60% of economies reported better PMIs relative to December 2019. Image: Morgan Stanley Research
U.S. ISM Manufacturing and Non-Manufacturing PMI Chart suggesting that ISM indices imply a slowdown rather than a recession. Image: BofA Global Research
Stoxx Europe 600 and Europe Manufacturing PMI Is the Europe manufacturing PMI rebound in the cards? European stock markets remain bullish. Image: Goldman Sachs Global Investment Research
200D Change in Yield Curve 30Y-10Y Leads U.S. ISM Manufacturing Index This great chart suggests that 200-Day Change in Yield Curve 30-Year minus 10-Year spread leads U.S. ISM Manufacturing Index by 16 months. It also suggests that U.S. PMI is probably bottoming now and could bounce back. Image: Fundstrat Global Advisors, LLC
China and Taiwan Manufacturing PMI The charts suggest a bottom in the Chinese and Taiwanese cycle in early 2020. Historically, this has been positive for global equities. Image: Danske Bank Research