U.S. Core Capital Goods Shipment and Non-residential Business Fixed Investment (Capex) Is the “phase one” US-China trade deal enough to reverse the slowdown? Image: Deutsche Bank Global Research
U.S. Consumer Confidence and CEO Confidence The trade war keeps weighing on CEO confidence, which is near record lows, while consumer confidence has remained relatively strong. Image: Goldman Sachs Global Investment Research
Liquidity Premium and IG Bonds The spread between low liquid and high liquid IG bonds is widening, despite the rally and the belief of an improvement in US-China trade tensions. Image: Goldman Sachs Global Investment Research
NFIB Survey Leads U.S. Employment The U.S. economy is not unaffected by the trade war and global slowdown. This chart suggests that U.S. employment is slowing down. The chart also suggests that the NFIB survey leads U.S. employment by 6 months. Image: Rothschild & Co Asset Management Europe
U.S. Nonfarm Employment and NFIB Survey If the trade war continues, it will have serious negative repercussions on the American economy. Image: Deutsche Bank Global Research
U.S. Stocks with High China Sales and China Stocks with High U.S. Sales US-China trade war affects the relative performance of U.S. and China stocks vs. local market. Image: Goldman Sachs Global Investment Research
U.S. Stocks with High China Sales vs. S&P 500 US-China trade war affects the relative performance of U.S. stocks with high China sales vs. the S&P 500 index. Image: Goldman Sachs Global Investment Research
Buybacks Are the Source of the Rally in the Stock Market since 2009 But as trade tensions and economic slowdown worry U.S. firms, stock buybacks declined last quarter. Image: Deutsche Bank Global Research
Share of Negative Yielding Bonds in the World Excluding U.S. The chart shows that 43% of global bonds ex-U.S. trade at negative yields. Image: Deutsche Bank Global Research
Negative Yielding Bonds In the World Now, 25% of all bonds in the world trade at negative interest rates. Keep in mind that raising interest rates in the future could be painful for bond investors. Image: Deutsche Bank Global Research