12 Aug Seven key charts for investors to keep an eye on – where are they now?
Key Points
- Shares have hit a rough patch since recent highs with concerns about the growth outlook.
- We remain upbeat on a 12-month view as falling inflation allows rate cuts and hopefully recession is avoided or is mild. But the risk of a further correction in shares is high.
- Seven key charts worth watching are: inflation; inflation expectations; global business conditions PMIs; unemployment and underemployment; profit growth; the gap between earnings yields & bond yields; & the $US.
