Returns – Modelled S&P 500 Based on Change in Forward EPS and YoY Change in Fed Balance Sheet vs. Actual S&P 500 Should investors expect anemic S&P 500 returns through 2024? Image: BofA US Equity & Quant Strategy
S&P 500 and the Fed – Rolling 12M Returns U.S. equity investors should not worry too much about rising rates. Image: Fidelity Investments
S&P 500 – Fed Balance Sheet vs. Equity Price Returns Could the Fed’s balance sheet reduction derail the U.S. stock market? Image: Alpine Macro
Bull Markets After Initial Fed Rate Hike Historically, the first Fed rate hike is not the end of the bull market. Image: LPL Financial LLC
S&P 500 Around the Start of Fed Rate Hike Cycle Will the S&P 500 generate positive returns during the Fed’s hiking cycle? Image: Goldman Sachs Global Investment Research
U.S. 10-Year Treasury Yield Around Fed Hike Cycles Historically, the U.S. 10-year Treasury yield tends to rise a few months before the start of the Fed’s hiking cycle. Image: Goldman Sachs Global Investment Research
U.S. 2/10-Year Treasury Yield Curve and Fed Funds Target Rate If growth remains resilient this year, then the U.S. yield curve may not flatten. Image: Alpine Macro
Interest Rates – Implied Fed Funds Rate, Change From Current Level Will the Fed hike rates four times in 2022? Image: The Daily Shot
S&P 500 Index Valuation vs. Fed Funds Rate Fed rate hikes matter much more when valuations are high. Image: Real Investment Advice
Interest Rates – Fed Funds Rate Should investors prepare for more tightening than expected? Image: Goldman Sachs Global Investment Research