Chart of the Month

2018
January
Strong Start to New Year
July
Fixed-Income Strategy
February
Market’s Emotional Roller Coaster
August
Strong Earnings, Strong Stock Market
March
Inflation and Price-Earnings Multiples
September
The Real Fed Funds Rate and Recessions
April
Leading Economic Index Points to Robust Growth
October
Stock Market Volatility Returns
May
10-Year Annualized Rolling Returns
November
Article Text
June
Household Wealth Tops $100 Trillion
December
Article Text

2017
January
Small Business and Consumer Optimism
July
Fourth-Longest Streak Without a 5% Correction
February
S&P 500 Price vs. EPS
August
Longest Economic Expansions in History
March
The Federal Reserve’s Balance Sheet
September
Housing Prices Exceed Previous Peak
April
Government Shutdowns
October
Second-Longest Bull Market Since WWII
May
Seasonal Trading Patterns
November
Historical Yield Curve Averages and Recessions
June
The Fed Weighs in on the Stock Market
December
A Record-Setting Year

2016
January
The Worst 10-Day Start Ever
July
Cruising to New Highs
February
Global Stock Markets
August
Presidential Election Cycles
March
Strong and Improving Household Finances
September
Unemployment Rate and Wage Growth
April
Record Low Ownership of Stocks and Homes
October
Stock Market Valuation
May
10-Year U.S. Treasury Yield
November
Corporate Income Tax Rates
June
Treasury Yield Spreads as a Forecasting Tool
December
Dow Closes In On 20,000

2015
January
Apple’s Record Results
July
Narrowest Trading Range Ever
February
Recoveries and Expansions
August
Real GDP Growth
March
The Rule of 72
September
Stock Market Corrections
April
Distribution of Federal Income Taxes
October
Correlation Between Stocks and Earnings
May
Historical Impacts of Rate Increases
November
Link Between Stocks and GDP
June
Bull Markets and Economic Expansions
December
The Force Awakens

2014
January
Stay Long
July
Upward and Onward
February
Consumer Confidence
August
Rolling 10-Year Returns
March
Out of Africa
September
Fed Funds Rates
April
Leading Economic Indicators
October
Channel Surfing
May
Fed Tightening
November
Mid-Term Elections
June
Inflation & Unemployment
December
Oil Prices

2013
January
The Next Leg
July
Treasury Spreads
February
The 16th Amendment
August
Misery Index
March
Higher Highs, Higher Lows
September
Monthly Returns
April
Stocks vs. Gold
October
Corporate Profits
May
Government Finances
November
Earnings Yield
June
Central Bank Assets
December
Stealth Bull Market
2012
January
Apple’s Growing Cash
July
The Big Four
February
Real Estate
August
Stock Swaps
March
S&P 500 vs. Gold
September
S&P and QE
April
The “Buffett Rule”
October
Presidential Election
May
Dividend Aristocrats
November
Tax Rates
June
Dividend Strategy
December
Fiscal Drag

2011
January
Employment Report
July
Budget Deficit
February
S&P 500 P/E & EPS
August
Square Root Economy
March
U.S. Treasury Yields
September
Buy Low, Sell High
April
Stocks and Bonds
October
Best Months Ever
May
Goldilocks Economy
November
Rolling 10-Year Returns
June
The Case for Apple
December
Contrarian Indicators