Global Equities Performance The 2025 stock rally is spreading across regions, powered by strong gains in Europe and Asia while U.S. equities trail. Broad participation like this tends to keep bull runs alive longer than consensus forecasts. Image: Goldman Sachs Global Investment Research
Relative Regional Weights Within Global Equities Wall Street’s dominance isn’t a fresh story, but it’s hitting a new peak. Since the financial crisis, U.S. markets — supercharged by tech, record earnings, and a relentless dollar — have pulled far ahead of the pack. Image: Goldman Sachs Global Investment Research
Returns – Global Equities vs. Global Bonds vs. Gold vs. World Portfolio Since 1950, the world portfolio has earned a real 4.1% annual return — global equities led with 7.3%, gold lagged at 2.5%, and global bonds barely reached 1.8%. The long-run verdict is clear: equities have won. Image: Goldman Sachs Global Investment Research
Global Equities Around Fed Cut With And Without Recession Strong performance in global equities is common after the Fed’s initial rate cut, particularly when the economy remains recession-free for the subsequent 12 months. Image: Goldman Sachs Global Investment Research
Global Equities Flows In August, global equity funds saw significant outflows, the largest since 2022, reflecting a cautious sentiment among investors. Image: J.P. Morgan
Seasonality Trends in MSCI AC World Index (Global Equities) July has historically been a strong month for global equities, offering opportunities for investors to capture potential gains. Image: BofA Global Quantitative Strategy
Global Equities – Weekly Global Advance-Decline Line of 73 Country Indices in Local Currencies The bullish weekly global advance-decline of 73 countries indices may positively impact global equities throughout the year, indicating an optimistic outlook for investors. Image: BofA Global Research
Global Equities – MSCI AC World Mid- and Large-Cap Index Are emerging market equities poised for continued growth? Image: Gavekal, Macrobond
Performance – Global Equities Equal Weighted (MSCI ACWI Equal-Weighted Index) Since February 2020, the MSCI ACWI Equal-Weighted Index has done virtually nothing. Image: BofA Global Investment Strategy
Global Equities – Countries Making 52-Week New Highs Should investors remain cautious on global equities? Image: Topdown Charts
Cumulative Global Equities Flows vs. MSCI ACWI Index Global equities just saw massive outflows of $17.5 billion. Image: BofA Global Investment Strategy