Incumbent Presidential Election Years Since 22nd Amendment Incumbent presidential election years have traditionally been good for equities, with an average return of 11.4% since 22nd amendment. Image: Morgan Stanley Research
S&P 500 – The Secular Bull Market Roadmap Since the Great Recession, US stocks have behaved like a secular bull market. This chart shows the S&P 500 projection based on average secular bull. Image: Fidelity Investments
The Treadmill of U.S. Oil Shale Chart suggesting that the treadmill of U.S. shale is accelerating. Image: Goldman Sachs Global Investment Research
Number of DM and EM Central Banks Easing Each Month Currently, most of the world’s central banks are easing, to boost money supply in the economy and stimulate economic growth. Image: J.P. Morgan
S&P 500 Equity Risk Premium and Global DM Composite PMI Nice chart showing that the equity risk premium of the S&P 500 is currently elevated. Image: JDI research
Different Holders of DM Government Debt The chart shows the historical breakdown of different holders of DM government bonds and overall DM debt-to-GDP. Even with QE, central bank government bond holdings are below historical peaks. Image: BlackRock Investment Institute
S&P 500 – Secular Roadmaps The chart shows the S&P 500 projection based on average secular bull and the CAPE model. Image: Fidelity Investments
U.S. 10-Year Treasury Yield and Viral Outbreaks This chart shows that the impact of previous viral outbreaks (SARS, H1N1, H7N9, Ebola) on U.S. bonds has been short-lived. Image: Goldman Sachs Global Investment Research
Equity Flows vs. Equity Return Goldman Sachs is mildly bullish, suggesting that the demand for equity from funds could increase this year and support the stock market. Image: Goldman Sachs Global Investment Research
Market Sentiment Indicators Chart showing that most market sentiment indicators are now reaching high levels. Image: Goldman Sachs Global Investment Research