Search Results for: gap

S&P 500 Equity Risk Premium and Yield Gap U.S. equities remain attractively valued relative to bonds. Image: Goldman Sachs Global Investment Research

S&P 500 NTM Earnings Yield Gap The S&P 500 earnings yield gap is expected to move towards its long-term average. Image: Goldman Sachs Global Investment Research

U.S. Labor Market and U.S. Output Gap Should investors expect a quick recovery in the U.S. labor market? Image: BCA Research

U.S. Output Gap (Plus Projections) as a Proportion of Potential GDP According to Deutsche Bank, the U.S. output gap is expected to rise above 2%, which tends to lead to higher prices. Image: Deutsche Bank

S&P 500 NTM Earnings Yield Gap – Earnings Yield Gap vs. Inflation and U.S. Treasury Yield The earnings yield gap vs. U.S. 10-year Treasury yield is low, but still above its long-term average. Image: Goldman Sachs Global Investment Research

Valuation – S&P 500 NTM P/E vs. Gap Between S&P 500 Earnings Yield and U.S. 10-Year Treasury Yield Goldman Sachs expects a roughly flat S&P 500 P/E multiple through 2022. Image: Goldman Sachs Global Investment Research

U.S. Output Gap (% of Potential GDP) Will the Fed take action to prevent the U.S. economy from overheating? Image: BofA Global Research

Yield Gap – S&P 500 EPS Yield vs. U.S. 10-Year Treasury Yield The yield gap remains above average. Image: Goldman Sachs Global Investment Research

Gap Between S&P 500 Earnings Yield and U.S. Treasury Yield This chart suggests that the S&P 500 looks attractive relative to bonds, as the spread between the S&P 500 earnings yield and the U.S. 10-year Treasury yield is 368bps. Image: Goldman Sachs Global Investment Research

Gap Between High and Low Valuation Stocks Today, the gap between high and low valuation stocks is the widest since the dotcom bubble. Image: Goldman Sachs Global Investment Research