U.S. ISM Manufacturing and Services Survey Data

U.S. ISM Manufacturing and Services Survey Data A “soft recession” occurs when the manufacturing side of the U.S. economy contracts while services remain robust, leading to a period of slower economic activity. Image: Real Investment Advice

Performance of Different U.S. Fama French Factor Returns

Performance of Different U.S. Fama French Factor Returns U.S. small-cap value has been the best bet over the past 25 years. However, small-cap value stocks are typically more volatile in the short term, making a long-term investment strategy necessary. Image: BofA Research Investment Committee

Inflation – U.S. Core PCE and Core CPI

Inflation – U.S. Core PCE and Core CPI Goldman Sachs’ forecast of a continuous decline in U.S. core PCE and core CPI could have far-reaching implications for the overall economy. Image: Goldman Sachs Global Investment Research

U.S. Economic Surprise Index

U.S. Economic Surprise Index Equities tend to perform well when the U.S. Economic Surprise Index is rising, as positive economic surprises boost investor sentiment and drive market growth. Image: Goldman Sachs Global Investment Research

Investor Sentiment – U.S. Market Greed/Fear Index

Investor Sentiment – U.S. Market Greed/Fear Index The Market Greed/Fear Index, currently at 79.17, indicates very optimistic investor sentiment in the U.S. stock market, characteristic of a greedy market. Image: Real Investment Advice

Euro to U.S. Dollar (EUR/USD)

Euro to U.S. Dollar (EUR/USD) Goldman Sachs holds a pessimistic view on the EUR/USD currency pair, indicating that the euro is expected to depreciate against the US dollar over the next 3 to 6 months. Image: Goldman Sachs Global Investment Research

Sentiment – Risk Appetite and Expected U.S. Equity Market Performance

Sentiment – Risk Appetite and Expected U.S. Equity Market Performance The risk appetite of U.S. equity investors cooled in June, but remains elevated, supporting a stronger year-end S&P 500 outlook, with a median expectation of 5,395. Image: S&P Global Market Intelligence

U.S. GDP Growth

U.S. GDP Growth Goldman Sachs is still confident in the U.S. economy’s strength and forecasts a positive outlook for U.S. GDP growth in 2024 and 2025 Image: Goldman Sachs Global Investment Research

Weekly U.S. Equity Fund Flows

Weekly U.S. Equity Fund Flows Over the past week, U.S. equity funds experienced modest inflows of $1.46 billion, indicating a lack of strong investor conviction. Image: BofA Global Research

U.S. 10-Year Treasury Yield – Weekly Chart

U.S. 10-Year Treasury Yield – Weekly Chart Bank of America forecasts the 10-year U.S. Treasury yield to decline to 3.78% in 2H24-1H25. It may then drop to 3.25% and potentially reach 3.00%. Image: BofA Global Research