Risk Appetite Indicator Level and Momentum Factors The GS risk appetite indicator’s current risk-on signal suggests a constructive market environment, with investors willing to take on risk in anticipation of sustained positive returns and economic stability. Image: Goldman Sachs Global Investment Research
Return – Dow Jones U.S. Thematic Market Neutral Momentum Index With a remarkable 31% return in 2024, momentum investing has emerged as a standout equity strategy, poised for its best year since 2002. Image: Bloomberg
S&P 500 – Factor Signal for Market Peaks Based on Quality, Momentum, and Valuation The combination of quality and momentum factors outperforming vs. history, along with elevated valuations, could signal that the market is approaching a peak, prompting investors to adjust their portfolios accordingly. Image: BofA US Equity & Quant Strategy
European Stocks – Euro Area M1 Momentum vs. Euro Area PMI Momentum Should investors be bearish on European stocks? Image: BofA Global Research
Relative Forward P/E of Value vs. Momentum Is it time for investors to favor value stocks? Image: BofA US Equity & Quant Strategy
Net % Overweight Equities vs. Global PMI Momentum Global PMI momentum is expected to turn negative over the coming months. Image: BofA Global Research
S&P 500 Momentum Index / S&P 500 Low Volatility Index Momentum stocks are outpacing low volatility stocks. Are investors concerned of higher market fragility? Image: Morgan Stanley Wealth Management
Cross-Asset Momentum Indicator (Risk-On Cross Asset Breadth) The cross-asset momentum indicator has turned negative. Image: Deutsche Bank Asset Allocation
Momentum Signals for Bitcoin Is the Bitcoin fever starting to break? Image: J.P. Morgan
Cross Asset Momentum Breadth Risk-on is still strong. Are investors too optimistic? Image: Deutsche Bank Asset Allocation
S&P 500 and Composite Momentum Indicator This chart suggests that the composite momentum indicator exposes investors to the risk of a short-term correction. Image: BCA Research