Alexander Ineichen does these charts every week, and they really are something you need to look at at least once a month, to go through the world and see what markets and momentum are doing. This week he calls it “Bad Equilibrium.”  In short, 2014 GDP forecasts are falling, and the fall is accelerating; overall leading indicators are stalling, but the BRICs are rising; macro is rising.

The one-sentence summary of this update is: Emerging markets/Asia Pacific have improved while Europe has worsened; economic momentum has turned negative; CPI and PPI are rising; and financial risk is rising, notably macro risk.