China GDP – Longer-Term Growth Divergence Between China and the Rest of the World The divergence between China and the rest of the world is expecting to increase over time. Image: Deutsche Bank
Volatility Divergence – VIX vs. MOVE When MOVE is below the 50th percentile and VIX is above the 80th percentile, the average annualized S&P 500 price performance has been close to +21% compared to just over +7% the rest of the time. Image: Bloomberg
U.S. Stocks and U.S. Bonds: Returns Following Fund Flow Divergence In 2019, bond fund flows outpaced stock fund flows. The difference is the largest ever recorded ($588bn). Image: BlackRock Investment Institute
Divergence Between the 2-Year U.S. Treasury Yield and the U.S. Dollar Trump wants a weaker US dollar, but could the dollar weaken in the coming months? Image: Legg Mason
Russell 1000 American Stock Index – Growth vs. Value The gap between growth and value has widened considerably. It is now the largest divergence in decades. Image: The Economist
S&P 500 EPS vs. U.S. NIPA Corporate Profits This chart puts into perspective the wide divergence between S&P 500 EPS and U.S. NIPA corporate profits. Image: BofA Research Investment Committee
Asset Price Inflation and “Real Economy” Inflation Persistent low interest rates could explain the wide divergence between asset prices and real economy prices, over the past decade. Image: Goldman Sachs Global Investment Research
U.S. Dollar vs. S&P 500 Index Forward Price/Earnings Is there a potential risk? Chart showing the wide divergence between the S&P 500 forward P/E and the U.S. dollar. Image: Morgan Stanley Wealth Management
S&P 500 vs. Percentage of Stocks Above 50-Day Moving Average Chart showing the current divergence between the S&P 500 and the percentage of stocks trading above their 50-day moving average. Image: Fidelity Investments
S&P 500 Growth vs. U.S. Real GDP Growth vs. S&P 500 Sales Growth Do valuations still matter? This chart puts into perspective the wide divergence between the S&P 500 and the U.S. economy. Image: Real Investment Advice