All Money Market Funds Total Net Assets Investors currently hold $6.154 trillion in money market funds, which is being interpreted as a contrarian bullish signal for the stock market. Image: BofA Global Research
Ranked Cross Asset Returns by Year Exhibiting exceptional resilience, gold has emerged as the standout performer of 2024, at least for the time being. Image: BofA Global Investment Strategy Click the Image to Enlarge
GWIM Equity Allocation as % Assets Under Management BofA’s private clients have expressed optimism about equity market growth and potential returns, which is reflected in their decision to allocate 62% of their portfolios to equities. Image: BofA Global Investment Strategy
U.S. Domiciled Funds: Active vs. Passive as a % of Assets Under Management Passive accounts for 54% of all U.S. domiciled fund assets, highlighting the significant growth and popularity of passive investing strategies in recent years. Image: BofA US Equity & Quant Strategy
Returns for Major Global Financial Assets Over the past 50 years, the annualized equity returns in the U.S., adjusted for inflation, have been around 7.5%. This solid long-term performance has allowed investors to achieve significant growth, outpacing the rate of inflation. Image: Deutsche Bank
S&P 500 and CFTC CME E-mini S&P 500 Asset Manager Institutional Net Total/Futures The net long position held by institutional asset managers on E-mini S&P 500 futures has been rising, with the potential to reach the peak positioning level observed in early 2020. Image: BofA Global Research
Risky vs. Safe Assets Fund Flows Risky vs. safe assets fund flows remain negative suggesting that investors perceive greater risks associated with risky assets and are opting for safer assets over risky ones. Image: Goldman Sachs Global Investment Research
Probability of U.S. Recession As Priced Across Asset Classes The S&P 500 predicts a recession likelihood of 0% in the United States. This indicates that the U.S. economy is expected to continue growing and expanding, without any major economic downturn on the horizon. Image: J.P. Morgan
Money Market Fund Assets Weekly cash inflows reached $40.4 billion, suggesting continued momentum, though this raises the question of whether a cash bubble may be forming. Image: BofA Global Investment Strategy
U.S. Money Market Fund Assets Following a Fed rate cut, U.S. money market funds typically experience outflows 12 months later as investors adjust their portfolios and manage risk in response to changing interest rates and market conditions. Image: Goldman Sachs Global Investment Research