Fed Funds Rate – Target Probabilities at the Fed’s FOMC Jan. 29 Meeting Traders see a 8.9% probability of a 25-bps rate cut at the Fed’s FOMC January 29 meeting. Image: CME Group
Monetary Policy and Fed Funds Rate According to market rates, monetary policy is more neutral than accommodative. Image: Danske Research
Expected Fed Funds Rate Fed funds futures for January 2021 imply an expected rate of 1.30%. Click the Image to Enlarge
Inflows to Emerging Market Equity Funds Investors are back into emerging markets equities. This is the biggest 4-week inflows to emerging market equity funds since January 2019. Image: BofA Merrill Lynch Global Research
S&P 500 and Large-Cap Funds Outperformance Over Benchmarks Only 28% of large-cap funds are outperforming their benchmarks this year. Image: Goldman Sachs Global Investment Research
U.S. Domiciled Funds: Active vs. Passive Record passive inflows suggest passive equity funds will surpass active in the coming years. Image: BofA Merrill Lynch US Equity & US Quant Strategy
Gold Funds Weekly Flows Chart showing that gold funds have not yet seen any meaningful outflows. Image: Deutsche Bank Global Research
Fed Funds Rate and Neutral Rate Chart suggesting that the Fed funds rate is below the neutral rate. Image: Stifel
Fed and Flow of Funds Annual U.S. Treasury Purchases by Sector In 2020, the Fed is expected to buy more than $510 billion in U.S. Treasuries. Image: Goldman Sachs Global Investment Research
Passive Over Active Funds History suggests that investor outflows from active funds are smallest after periods of high policy uncertainty. Image: Goldman Sachs Global Investment Research