Search Results for: liquidity

FMS Investors – Net % Rate Liquidity Conditions as Positive FMS investors are optimistic, as liquidity conditions look the easiest since July 2007. Image: BofA Global Fund Manager Survey

Liquidity Indicator and U.S. Recessions Liquidity is an interesting indicator of the state of the U.S. business cycle. Image: Longview Economics

Central Bank Liquidity and “Big Tech” Market Capitalizations The expansion of central bank balance sheets tends to push big tech stocks higher. Image: BofA Global Investment Strategy

U.S. Excess Liquidity (M2 Minus Nominal GDP) and S&P 500 P/E Ratio (Leading Indicator) U.S. excess liquidity (M2 minus nominal GDP) tends to lead the S&P 500 P/E ratio by 6 months. Image: Nordea and Macrobond

U.S. Market Liquidity – 3-Day Rolling E-mini Future Median Top-of-Book Depth and Width U.S. market liquidity is improving. Image: Goldman Sachs Global Investment Research

VIX vs. Liquidity (S&P 500 Futures Depth) Should investors expect the market depth to increase, as VIX and liquidity are highly negatively correlated? Image: J.P. Morgan

MSCI World YoY vs. VP Global Excess Liquidity (Leading Indicator) Global excess liquidity tends to lead the MSCI World Index by 12 months. Image: Variant Perception Research

S&P 500 E-mini Futures Market Depth (Liquidity) S&P 500 E-mini futures market liquidity is improving. Image: Goldman Sachs Global Investment Research

Big Tech Stocks – Central Bank Liquidity and Market Capitalization of Apple, Amazon, Facebook, Google, Microsoft, Netflix and Tesla Central bank liquidity tends to push big tech stocks higher. Image: BofA Global Research

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