Search Results for: gap

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

S&P 500 Equity Risk Premium and Yield Gap The S&P 500 equity risk premium remains high at 6% and above its historical 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

Sensitivity of the 2020 S&P 500 Price Targets to the Yield Gap Goldman Sachs expects the yield gap to narrow by year-end 2020. Image: Goldman Sachs Global Investment Research

U.S. Output Gap as % of Potential GDP and U.S. Wage Growth (Leading Indicator) Chart suggesting that US output gap as % of potential GDP tends to lead US wage growth by one year. Image: Pictet Asset Management

U.S. Output Gap (% of potential GDP) and Inflation U.S. output gap (% of potential GDP) tends to lead underlying core PCE by 12 months. Image: Pictet Asset Management

U.S. Output Gap and Inflation This chart shows that actual U.S. GDP is higher than potential GDP. Historically, a positive output gap leads to inflation. Image: Richardson GMP

Valuation Gap Between U.S. and Emerging Markets ex-China According to BofA, emerging markets ex-China benefit from favorable demographics, modernization potential, and attractive valuations for the long term. Image: BofA Global Research

Output Gap and Stages of the U.S. Business Cycle Despite gloomy headlines, this chart suggests that the U.S. economic expansion is still intact. Image: BlackRock Investment Institute