Total Return Performance Since First Fed Hike in March 2022 There has been a significant concentration of equity market returns following the first Fed hike in March 2022. This concentration should be considered by investors when structuring their portfolios. Image: Goldman Sachs Global Investment Research
Average U.S. 10-Year Treasury Yield Move Before and After the Last Fed Hike in the Cycle Historically, after the last Fed rate hike, U.S. 10-year Treasury yields have tended to trend lower on average. Image: Deutsche Bank
Rolling Fed Hikes/Cuts Over the Last 12 Months and Recessions When the Fed increases interest rates too quickly or aggressively, it can lead to a recession. Image: Deutsche Bank
U.S. 10-Year Treasury – Returns +/- One Year Around Final Fed Hike Will U.S. 10-year Treasury yields fall in 2023, once the Fed stops raising rates? Image: BofA Research Investment Committee
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
Median S&P 500 Index Move Around Last Fed Hike Historically, the S&P 500 Index’s median return exceeds 5% about 22 weeks after the final Fed hike. Image: Morgan Stanley Wealth Management
U.S. Dollar Around Fed Hikes Will the U.S. dollar peak at this stage of the Fed’s hiking cycle. Image: Deutsche Bank
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
Valuation – S&P 500 Forward P/E Around First Fed Hikes Historically, the S&P 500 forward P/E remains flat around first Fed hiking cycles. Image: Goldman Sachs Global Investment Research
Dow Jones Industrial Average Returns Post Last Fed Rate Hike Is it advisable this time for U.S. equity investors to sell their holdings following the last Fed rate hike? Image: BofA Global Investment Strategy
Interest Rates – Probability of Fed Rate Hike The likelihood of the Federal Reserve holding interest rates steady in September has increased. Image: The Daily Shot