Fireside Charts 7.9.18

Written by BCM Investment Team | Jul 9, 2018 8:39:21 PM
US employment is the strongest we have seen but with US- China tensions high, trade war risks continue to mount. We share a great recap chart of GDP growth in the Eurozone alongside other select countries. Plus, industrial production out of Europe ticked to the upside, a chart on the S&P 500® Weekly since post-recession times gives us perspective in this record-long bull and a YTD look at small-caps leading the way. 


1. We try to stay away from estimates but this is too important...

 

Source: WSJ Daily Shot,  As of 7/8/18

 

 

2. A great recap of GDP growth in select countries

 

Source: SSGA,  As of 79/18

 


3. Welcome news for European economic growth.


Source: WSJ Daily Shot; As of 7/8/18

 

 

4. Was Friday's "goldilocks" job report as good as it gets?


Source: WSJ Daily Shot,  As of 7/5/18

 

 

5. Yet in most countries the wage growth has been muted.


Source: WSJ Daily Shot,  As of 7/8/18

 

 

6. Is a saucer pattern forming?

Source: WSJ Daily Shot,  As of 7/5/18

 

 

7. Note the yield on Asian Junk bonds has doubled in 2018. Is there a message here?

  

 

Source: WSJ Daily Shot; As of 7/6/18

 

 

8. As we approach the longest bull market in history, a quick look at the ride so far...

 

Source: Thechartstore.com; As of 6/15/18

 

 

9. Due to their relative lack of international exposure, small caps are seen as less susceptible to trade war/tariffs.

Source: Thechartstore.com,  As of 7/9/18

 

 

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Disclosure: The charts and info-graphics contained in this blog are typically based on data obtained from 3rd parties and are believed to be accurate. The commentary included is the opinion of the author and subject to change at any time. Any reference to specific securities or investments are for illustrative purposes only and are not intended as investment advice nor are a recommendation to take any action. Individual securities mentioned may be held in client accounts.