27 Feb Seven key charts for investors to watch – where are they now?
Key Points:
- Shares have made it to record highs this year but after strong gains are a bit vulnerable to a near term pull back.
- However, we remain upbeat on a 12-month view as falling inflation allows rate cuts and hopefully recession is avoided.
- Seven key charts worth keeping an eye on are: global business conditions PMIs; inflation; unemployment and underemployment; inflation expectations; earnings revisions; the gap between earnings yields and bond yields; and the US dollar. So far, most look ok.
