Philly Fed Future Nominal Orders vs. S&P 500 12-Months Forward EPS (Leading Indicator) A severe contraction in earnings growth should hurt U.S. stocks in 2023. Image: Nordea and Macrobond
Returns +/- One Year Around the Last Fed Hike Each Cycle How will the S&P 500 perform in 2023, once the Fed stops raising rates? Image: BofA Research Investment Committee
S&P 500 Index and Fed Funds Effective Rate U.S. equity investors should worry when the Federal Reserve stops raising or cuts rates. Image: Real Investment Advice
Interest Rates – Fed Funds Futures Curve Should investors expect a U.S. terminal rate at 5%? Image: The Daily Shot
Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is 3.4% for 2022:Q4. Image: Federal Reserve Bank of Atlanta
Atlanta Fed YoY Wage Growth Tracker So far, wage growth in the United States remains strong and historically high. Image: BofA Global Investment Strategy
Cumulative Fed Rate Hikes Since Start of Long Hiking Cycles Could smaller rate hikes continue for longer? Image: Deutsche Bank
Fed – The Distribution of FOMC Voters Should investors bet for a more dovish Fed policy tone in 2023? Image: BofA Global Research
S&P 500 Returns During Extended Fed Hiking Cycles Historically, rate hike cycles tend to be positive for U.S. stocks. But that’s not the case this year. Image: Deutsche Bank Asset Allocation
Distance from Fed’s Policy Objectives for Inflation and Unemployment Is the U.S. economy headed for a hard landing? Image: Deutsche Bank