Valuation – Forward Price/Earnings Ratio – STOXX Europe 600 Index and S&P 500 Index U.S. equities look pricey relative to Europe. Image: Morgan Stanley Wealth Management
Performance – Nasdaq 100, Russell 2000, Stoxx Europe 600 Banks, MSCI All Countries Energy Welcome to the ‘everything rally’, despite the damage of the coronavirus pandemic on the global economy. Image: Financial Times
European and U.S. Buybacks Volumes Bye-bye buybacks! Buyback volumes have fallen sharply this year. Image: J.P. Morgan
Valuation – MSCI ACWI and STOXX Europe 600 – 24-Month Forward P/E Percentile vs. History Should investors pay attention to stock valuation? Image: Goldman Sachs Global Investment Research
Earnings Sentiment (S&P 500 Index and STOXX Europe 600 Index) Earnings sentiment seems to have peak in the United States. Image: Goldman Sachs Global Investment Research
Performance – MSCI Europe vs. MSCI ACWI and MSCI World Value vs. Growth Chart suggesting that Europe’s relative performance vs. MSCI ACWI seems similar to that of Value vs. Growth. Image: Morgan Stanley Research
Performance – European Equities vs. U.S. Stocks Should investors look at U.S. stocks or European equities? Image: Morgan Stanley Research
Euro/U.S. Dollar vs. Stoxx Europe 600 Index/S&P 500 Index Does the strength of the euro make European stocks a buying opportunity? Image: Morgan Stanley Wealth Management
Equity Index Price Returns in Local Currency – S&P 500 vs. STOXX Europe 600 Since the global financial crisis, the S&P 500 has outperformed its European counterpart by a large margin. Image: Goldman Sachs Global Investment Research
Regional Share of Global GDP – North America, Europe and Japan vs. Asia ex-Japan Shifting patterns of global growth? This chart suggests that the center of gravity of global growth is shifting toward Asia. Image: BlackRock Investment Institute