Ranked Cross Asset Returns by Year

Ranked Cross Asset Returns by Year Will gold retain its position as the top performer in 2024? Only time will tell, but given its enduring reputation as a safe haven investment and inflation hedge, gold certainly holds the promise of continuing to shine brightly. Image: BofA Global Investment Strategy Click the Image to Enlarge

All Money Market Funds Total Net Assets

All Money Market Funds Total Net Assets Despite the U.S. equity market’s upward trend since its 2022 low, investors still have a strong preference for cash. This is evidenced by the recent achievement of another record high of 6.111 trillion in money market funds. Image: BofA Global Research

GWIM Equity Allocation as % Assets Under Management

GWIM Equity Allocation as % Assets Under Management BofA’s private clients are expressing optimism about the growth potential and expected returns of equity markets, as evidenced by their allocation of 61% of their portfolios to equities. Image: BofA Global Investment Strategy

Cumulative Fund Flows Across Assets

Cumulative Fund Flows Across Assets Money market funds continue to be an attractive investment option, with investors continuing to allocate their funds to this asset class. Image: Deutsche Bank Asset Allocation

Money Market Fund Assets vs. Fed Funds Target Rate

Money Market Fund Assets vs. Fed Funds Target Rate Money market funds often experience outflows 12 months after the initial rate cut. This occurs as investors reallocate their investments and adjust their risk exposure in response to fluctuations in interest rates and market conditions. Image: BofA Global Fund Manager Survey

Asset Classes – Valuation vs. History

Asset Classes – Valuation vs. History The current market environment reflects a contrast between relatively cheap commodities and expensive U.S. stock valuations. Image: Topdown Charts

U.S. Private Sector Financial Assets % of GDP

U.S. Private Sector Financial Assets % of GDP The disconnect between the value of U.S. financial assets and GDP gives rise to concerns regarding the growing wealth gap, potential systemic risks, and economic stability, while also presenting policy challenges. Image: BofA Global Investment Strategy

Asset Class Returns

Asset Class Returns The dominance of U.S. large-cap stocks persists, with a strong return of 10.6% in Q1, outperforming other asset classes. This performance underscores the resilience and strength of the U.S. stock market. Image: J.P. Morgan Asset Management

Equity – U.S. Households Aggregate Financial Asset Allocation

Equity – U.S. Households Aggregate Financial Asset Allocation Currently, U.S. households allocate 48% of their total financial assets to equities. This allocation reflects a high level of risk exposure, as equities are known for their volatility and potential for capital loss. Image: Goldman Sachs Global Investment Research