--- title: "Fireside Charts: Longest Bull Market on Record Continues, U.S. Farmers Giving Up, and China's Growth Far Below Target" description: Market highlights in charts - what you need to know for your week explained image: https://1782947.hs-sites.com/hubfs/6.17%20chart%203-1.png --- - [Login](http://investbcm.com/wp-login.php) - [Register](http://etf.investbcm.com/register) [![Beaumont_Logo_4C - powered by AIM](https://1782947.hs-sites.com/hs-fs/hubfs/Beaumont_Logo_4C%20-%20powered%20by%20AIM.png?width=429&height=254&name=Beaumont_Logo_4C%20-%20powered%20by%20AIM.png)](http://investbcm.com/) **A Bird's Eye View Blog** # Fireside Charts: Longest Bull Market on Record Continues, U.S. Farmers Giving Up, and China's Growth Far Below Target By:[BCM Investment Team](http://1782947.hs-sites.com/author/bcm-investment-team) | Date:Jun17, 2019 | [Category:](http://1782947.hs-sites.com) [Equity](http://1782947.hs-sites.com/topic/equity), [Economics](http://1782947.hs-sites.com/topic/economics), [Market Highlights](http://1782947.hs-sites.com/topic/market-highlights), [Fireside Charts](http://1782947.hs-sites.com/topic/fireside-charts) Ready for a pulse-check on the current bull market in the U.S.? It has lasted nearly 3,750 days, surpassing every other previous bull run. Some domestic farmers are giving up on this year's corn planting altogether, which is causing corn futures to soar. The next round of US tariffs will put China's growth well below Beijing's target range. The negative trend still remains for U.S. manufacturing as U.S. consumer prices barely rise. Finally, industrial production is another negatively affected indicator in China.    1. Just a reminder...   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%203-1.png)    Source: S&P Dow Jones Indices, as of 6/11/19     2. Sad...   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%204.png) Source: WSJ Daily Shot, as of 6/17/19      3. While the negative trend remains in place, we haven't thrown in the towel yet...   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%205.png) Source: WSJ Daily Shot, as of 6/17/19     4. Historically, inflation has lived in the ~1.5% to 4-5% band. Of course how CPI has been calculated has changed...   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%208.png)  Source: Thechartstore.com, as of 6/11/19     5. Unless there is an unforeseen "calamity", the Fed is not likely to return to real negative rates. Thus 2 rate cuts might be in the cards, but not 3+.  ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%201-1.png) Source: Thechartstore.com, as of 6/17/19     6. Much of the new investment grade corporate debt being issued is barely investment grade... ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%202.png) Source: NBF Economics and Strategy, as of 5/17/19      7. If the U.S. escalates the tariffs to the next round of 25% on $325 Billion it will have a more profound effect on GDP.   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%206.png) Source: IMF, as of 6/13/19   8. This is why China is stimulating it's economy..   ![](https://1782947.hs-sites.com/hubfs/6.17%20chart%207.png)  Source: WSJ Daily Shot, as of 6/14/19   Did you know? The S&P 500 information-technology sector rebounded ~9% in the past six sessions and the technology sector is up 24% for the year. If you missed these stats and more, catch up on our chart blog from last week.   [![Most Recent Blog on Tech Sector](https://no-cache.hubspot.com/cta/default/1782947/41c5f3e0-672d-42c3-a6c0-ad0343bff072.png)](https://cta-redirect.hubspot.com/cta/redirect/1782947/41c5f3e0-672d-42c3-a6c0-ad0343bff072)   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. 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