S&P 500 Equity Risk Premium and Yield Gap

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

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

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

U.S. Output Gap and Inflation

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

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