EM/DM Relative Performance vs. U.S. Dollar The strength of the U.S. dollar can affect the relative performance of EM/DM equities. A weak U.S. dollar has historically led to outperformance of emerging market equities. Image: BofA Global Investment Strategy
Forward S&P 500 Return Following Break in 200-DMA Staying above the 200-day moving average may provide higher forward returns for the S&P 500 index, indicating positive market momentum and potentially leading to favorable investment outcomes. Image: Goldman Sachs Global Investment Research
Cumulative Flows from Global Investors into DM and EM funds Flows from global investors into DM and EM equity funds are just slightly positive year-to-date. Image: Goldman Sachs Global Investment Research
S&P 500 Ratio to 200 DMA and ISM Manufacturing PMI The S&P 500 was pricing an ISM Manufacturing PMI of 40. Image: Deutsche Bank Asset Allocation
S&P 500 – The Secular Bull Market Roadmap So far, U.S. stocks continue to behave like a secular bull market. Image: Fidelity Investments
U.S. Dollar Index – Democratic Administration vs. Republican Administration The U.S. dollar has weakened under President Trump, but it remains strong under President Biden so far. Image: Bloomberg
Cumulative Change in Three-Month Interest Rates Futures Across DM Economies Markets expect higher interest rates in several DM economies. Image: Goldman Sachs Global Investment Research
Headline CPI Inflation in Major DMs Has headline inflation peaked in major DMs? Image: Capital Economics
Stock Market Breadth – NYSE Stocks Above 200-DMA and S&P 500 Price Relative to 200-DMA Stock market breadth has worsened significantly over the last months. Image: Morgan Stanley Wealth Management
Cash – Currency and Deposits of DM Households Could the excess accumulation of cash drive global stock markets higher? Image: Capital Economics