Demographics – U.S. Population Aging and Pension Demand for Bonds This chart suggests that U.S. pension demand for bonds is going to increase, as the proportion of 65+ rises. Image: Oxford Economics, Macrobond
China GDP Growth Consensus Estimates GDP upgrades are likely to spur interest in China’s markets, encouraging asset allocation towards sectors that align with the country’s economic transformation. Image: BofA Global Investment Strategy
S&P 500 Returns When New Highs Are Made In October Bulls smile when new highs are made in October, as the fourth quarter has historically seen gains 90% of the time, averaging a 5% return since 1950. Image: Carson Investment Research
Corporate Client Buybacks as a % of S&P 500 Market Capitalization BofA’s corporate clients are currently engaging in significant stock buyback activities, marking an all-time high. This trend is generally perceived as a positive indicator for the broader market. Image: BofA Securities
S&P 500 Average Annual Price Return Historical data indicates that during positive years, the S&P 500 typically achieves substantial gains, averaging an annual return of 19.0% since 1928. Image: Carson Investment Research
U.S. Dollar Index and Rest of the World GDP A weaker U.S. dollar typically bodes well for the global economy by boosting growth prospects, improving trade dynamics, and encouraging investment in international markets. Image: BofA Predictive Analytics
S&P 500 and Zweig Breadth Thrust The Zweig Breadth Thrust has historically been a strong indicator of S&P 500 performance over the next 6 to 12 months, averaging a 23.5% increase in value one year later since 1945. Image: Carson Investment Research
Global Debt Global debt reached an all-time high of $313tn at the end of 2023, highlighting the challenges and potential risks associated with managing and servicing debt in both developed and developing economies. Image: BofA Global Investment Strategy
G10 FX Carry Trade Index The Bank of Japan’s recent actions caused market turmoil termed an “ugly deleveraging event,” reflecting ongoing economic challenges in Japan. Navigating a post-deflationary landscape adds complexity to the situation. Image: BofA Global Investment Strategy
S&P 500 Various Declines per Year Navigating volatility is a crucial challenge in financial markets for investors. Understanding and managing this volatility effectively is key to achieving favorable returns. Image: Carson Investment Research