Yahoo Finance's lates Chartbook contains thirty-three charts from experts across the industry to start 2024. Yahoo Finance caught up with several of the experts to break down the story of the markets and the economy right now.

Yahoo Finance Reporter Josh Schafer discusses Capital Economics Deputy Chief Economist Andrew Hunter's inflation chart, comparing core PCE year over year to annualized six-month percentage change.

eToro US Investment Analyst Callie Cox brings in her chart of large vs. small cap ETFs in the stock market, where small caps are struggling to keep up, saying "As economic data improves...I expect small caps to catch up."

Charles Schwab Chief Investment Strategist Liz Ann Sonders' chart focuses on the correlation between the S&P 500 and 10-year treasury yields, urging investors to look for opportunities in a variety of investments.

Sahm Consulting Founder Claudia Sahm breaks down the "Sahm Rule", a recession indicator. Sahm said, "I'm very happy to report...we are not in a recession."

Josh Schafer explains why the economy is tightening, using Deutsche Bank Securities Chief US Economist and Head of US Economic Research Matthew Luzzetti's chart on the real federal-funds rate.

Video highlights:

00:00:04 - Yahoo Finance's Myles Udland, Seana Smith, and Josh Schafer introduce the new Chartbook

00:00:37 - Josh Schafer breaks down inflation falling below the Fed's target rate

00:01:01 - eToro US Investment Analyst Callie Cox

00:01:24 - Charles Schwab Chief Investment Strategist Liz Ann Sonders

00:01:58 - Sahm Consulting Founder Claudia Sahm

00:02:35 - Josh Schafer talks potential rate cuts

Video Transcript

SEANA SMITH: Yahoo Finance's launching the chart book. It's a look at key charts from the top minds on Wall Street. To give you some insight into how leading market strategists and economists are thinking about the market and economy in 2024, here with me, we've got the head of news Myles Udland and markets reporter Josh Schafer.

Guys, there is a lot to break down. And, Josh, you really have led the charge for this-- for us here for the chart book. Talk to us just about how you guys identified these charts and what we're trying to get at here with this.

JOSH SCHAFER: Yeah, so we ask every economist or strategists a basic question, which is, what is the most important chart to investors right now? So we broke out the chart book which has more than 30 charts from Wall Street's top strategists and economists into themes. And I'm standing next to one theme here, which was a clear takeaway inflation.

And the chart we're looking at here is PCE, the Fed's preferred target or preferred measure, which is core PCE. And you can see the blue line here. Core PCE on a six-month annualized basis. So over the last six months, now below the Fed's target.