Trade Policy Uncertainty

Trade Policy Uncertainty When trade policy uncertainty peaks, the S&P 500 often posts positive returns. Markets tend to over-discount risks during uncertain periods, and relief rallies are common once worst-case scenarios are avoided or resolved. Image: Goldman Sachs Global Investment Research

Policy Uncertainty Index vs. S&P 500 Index

Policy Uncertainty Index vs. S&P 500 Index While periods of policy uncertainty can create temporary disruptions, they are often short-lived, with spikes frequently occurring near market lows. Image: Real Investment Advice

Trade Policy Uncertainty Indexes

Trade Policy Uncertainty Indexes Uncertainty in trade policy often leads to positive future returns for the S&P 500, as markets tend to price in worst-case scenarios during unclear times. Once clarity emerges, stocks frequently recover. Image: Deutsche Bank

U.S. Economic Policy Uncertainty Index

U.S. Economic Policy Uncertainty Index Uncertainty in economic policy has often led to positive future returns for the S&P 500, as markets anticipate the worst during unclear periods. When the situation becomes clearer, stocks tend to recover strongly. Image: Goldman Sachs Global Investment Research

U.S. Equity Volatility and Global Economic Policy Uncertainty

U.S. Equity Volatility and Global Economic Policy Uncertainty The chart shows that U.S. equity volatility does not mirror global economic policy uncertainty since 2009, perhaps due to strong central bank support. Image: Pictet Wealth Management

Monthly U.S. Equity Mutual Fund and ETF Flows

Monthly U.S. Equity Mutual Fund and ETF Flows Recently, U.S. equity fund flows have been weak, with sustained outflows driven by trade policy uncertainty and cautious investor sentiment. Image: Goldman Sachs Global Investment Research

Federal Reserve Broad Real Effective Trade-Weighted Dollar

Federal Reserve Broad Real Effective Trade-Weighted Dollar Both historical trends and current economic indicators suggest that the U.S. dollar is entering a period of decline. Structural fiscal challenges, policy uncertainty, and cyclical patterns all point to further weakness ahead. Image: Bloomberg