The Federal Reserve and Financial Crisis

The Federal Reserve and Financial Crisis Historically, Fed cuts before a recession do not bode well for U.S. stock returns. Image: Real Investment Advice

U.S. Private Sector Financial Assets % of GDP

U.S. Private Sector Financial Assets % of GDP This chart highlights the obvious disconnect between Main Street and Wall Street, as the value of U.S. financial assets is 5.4 times the size of U.S. GDP. Image: BofA Global Investment Strategy

S&P 500 vs. Financial Conditions

S&P 500 vs. Financial Conditions U.S. financial conditions have eased meaningfully, coinciding with rising U.S. stock prices. Image: Morgan Stanley Research