Barclays PowerPoint Template Guidelines - For External Use - invest'13

More documents

Recommendations

Info

Dislocated valuations: equity and credit yieldsYield (%)876543210Jan-01 Jan-03 Jan-05 Jan-07 Jan-09 Jan-11Developed Markets Equity Dividend YieldGlobal Investment Grade Corporates YieldSource: FactSet, Datastream, <strong>Barclays</strong>22
US stock valuations: the CAPE debateP/ E (x)504540353025201510501881 1891 1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2001 2011Graham & Dodd PE forecast with no earnings growth 25 year moving average 50 year moving average 100 year moving averageSource: Robert Shiller, <strong>Barclays</strong>23
Page 2 and 3: Outline• Introduction: questionin
Page 4 and 5: • Risk #1: the euro“One must im
Page 6 and 7: Euro interbank (LHS) & Spanish bond
Page 8 and 9: 8• Risk #2: the business cycle
Page 10 and 11: Selected manufacturing surveys2Stan
Page 12 and 13: US consumer spending: life after de
Page 14 and 15: Total US liabilities are large…De
Page 16 and 17: Oil market remains tight…US Dolla
Page 18 and 19: Key Economic ForecastsReal GDP (%)B
Page 20 and 21: Global Treasuries: UnderweightNomin
Page 24 and 25: Gold and silver: not always safe ha
Page 26: DisclaimerThis document has been is

Barclays PowerPoint Template Guidelines - For External Use - invest'13

Create successful ePaper yourself

Delete template?

Save as template?