Charts & Chat - January 28, 2024

This week, Eric Boyce, CFA discusses: 1. rolling 10-year equity returns - average returns, return drivers, and what the current market valuation could suggest 2. economic growth better than expected, drivers, expectations looking ahead into 2024 3. Rate cut probabilities, inflation expectations & trends, sticky wages, and lingering strength in the labor market 4. Manufacturing improvement, although supplier costs have increased due to shipping issues 5. LEI down 21 straight months, may have some disconnect with post-pandemic economic trends 6. China housing weakness, US consumer purchasing shift away from brick and mortar