Returns – G7 + China Free Liquidity and MSCI ACWI (Leading Indicator)

Returns – G7 + China Free Liquidity and MSCI ACWI (Leading Indicator) Global free liquidity continues to rise. When global free liquidity is above 10%, equity markets tend to perform well: the average next 12-month return is 23.4% with a hit ratio of 100% since 2009. Image: BofA Global Research

S&P 500 E-mini Futures Market Depth (Liquidity)

S&P 500 E-mini Futures Market Depth (Liquidity) S&P 500 E-mini futures market liquidity is improving, but remains below its pre-2018 range. Image: Goldman Sachs Global Investment Research

Single Stock Liquidity

Single Stock Liquidity Single stock liquidity is improving since March, but remains below average levels. Image: Goldman Sachs

U.S. Market Liquidity

U.S. Market Liquidity U.S. market liquidity has improved since March lows, but remains below average levels. Image: Goldman Sachs