Search Results for: DM

Hedge Funds’ Aggregate Net Exposure to DM Equities The overall hedge funds net exposure to DM stock market is not stretched. Image: Nomura

Performance – S&P 500 vs. MSCI DM World Ex-USA The S&P 500 has significantly outperformed the rest of the world over the past decade. Which will do better post-Covid? Image: Scotiabank GBM Portfolio Strategy

Aggregated 15 DM Country Average Bond and Equity Percentile Valuations As the chart suggests, this is the most expensive time to buy stocks and bonds. Image: Deutsche Bank

Equity Prices – EM Relative to DM vs. Gold Prices Is the relative performance of emerging market equities vs. developed market equities at a major market turning point? Image: BCA Research

Dividend Discount Model (DDM) Implied Equity Risk Premium (ERP) Goldman Sachs expects the equity risk premium to be lower moving forward, as the macro backdrop strengthens. Image: Goldman Sachs Global Investment Research

Average Annual U.S. GDP Growth by Administration This chart puts into perspective the average annual growth of U.S. GDP by administration. Image: Michael McDonough

Inflation in this Cycle (DM GDP Deflator) Morgan Stanley expects the return of inflation after the Great COVID-19 Recession (GCR). Image: Morgan Stanley Research

S&P 500 Ratio to 200 DMA and ISM Manufacturing PMI As the chart suggests, the S&P 500 is pricing a recession. Image: Deutsche Bank Asset Allocation

S&P 500 – The Secular Bull Market Roadmap Since the Great Recession, US stocks have behaved like a secular bull market. This chart suggests the S&P 500 projection based on average secular bull. Image: Fidelity Investments

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts