Global Market Implied Equity Risk Premiums

Global Market Implied Equity Risk Premiums The current low U.S. equity risk premium highlights a difficult investment climate, with investors potentially undercompensated for the risks of equity investing. Image: Goldman Sachs Global Investment Research

Share of Global Market Capitalization

Share of Global Market Capitalization The United States, with 64% control of the global equity market, significantly influences the global financial landscape by attracting investments and shaping market trends, overshadowing all other countries. Image: Goldman Sachs Global Investment Research

Growth Investment Ratio of U.S. vs. Global Markets

Growth Investment Ratio of U.S. vs. Global Markets U.S. exceptionalism is expected to persist, even as the S&P 500 has underperformed year-to-date. The Growth Investment Ratio in the U.S. stands at 42%, compared to 26% in the rest of the world, with the gap steadily widening in recent years. Image: Goldman Sachs Global Investment Research

The SARS Analog – Virus Outbreaks and Global Markets

The SARS Analog – Virus Outbreaks and Global Markets The chart shows the SARS analog (2002 vs. 2020), highlighting the S&P 500 Index, the MSCI China Index, emerging markets vs. U.S. EPS and the CRB Raw Industrials Index. Image: Fidelity Investments

U.S. Share of Global Equity Market

U.S. Share of Global Equity Market The U.S. share of the global equity market, while still dominant at 54%, has retreated from its peak of 57%, reflecting recent market turbulence and growing diversification concerns. Image: Goldman Sachs Global Investment Research

Global Money Market Fund Assets

Global Money Market Fund Assets Global money market fund assets hit a new all-time high of $9.7 tn, highlighting the perceived security and attractiveness of these funds as a viable approach for temporarily storing and increasing capital. Image: Goldman Sachs Global Investment Research

Global Stock Market Capitalization

Global Stock Market Capitalization The return to October 2021 highs signifies a robust recovery phase for global equities, driven by positive market dynamics and economic conditions. Image: BofA Global Investment Strategy

Flows into Global Money Market Funds

Flows into Global Money Market Funds There were significant flows into global money market funds in the first 9 weeks, as rate rises. Image: Goldman Sachs Global Investment Research