Performance – Price Ratio of Emerging Markets to U.S. Equities Since the global financial crisis, emerging market equities have continuously underperformed U.S. equities, leading to the current situation where the ratio between the two is at its lowest since 1969. Image: BofA Global Investment Strategy
Gold Price Forecast Forecasts for gold prices indicate a bullish outlook across short, medium, and long-term horizons, due to a combination of macroeconomic factors, including interest rate trends, inflation expectations, and global demand dynamics. Image: BofA Global Research
Gold Spot Price Per Ounce Since 1920 The combination of soaring national debt, geopolitical instability, and concerns over currency devaluation creates a robust environment for gold prices to thrive. Image: BofA Global Investment Strategy
Brent Crude Oil Prices Recent geopolitical tensions have led to significant fluctuations in Brent crude oil prices, marking the largest weekly increase since April, exacerbating inflation concerns as the rising energy costs ripple through the economy. Image: Deutsche Bank
S&P 500 Average Annual Price Return Historical data indicates that during positive years, the S&P 500 typically achieves substantial gains, averaging an annual return of 19.0% since 1928. Image: Carson Investment Research
U.S. vs. Developed Market Equities (ex-US) Price Relative While there is potential for U.S. equities to maintain their lead in the near term due to strong earnings and market dynamics, historical cycles suggest that this dominance may wane as international markets recover and valuations adjust. Image: BofA Global Investment Strategy
Returns – S&P 500 Price Index and Implied Trend Growth Rate Deutsche Bank has increased its year-end 2024 target for the S&P 500 index to 5,750, up from 5,500, driven by continued robust corporate performance and strong investor demand. Image: Deutsche Bank
S&P 500 Price Target In its bull case scenario, Morgan Stanley predicts that the S&P 500 could reach a level of 6,350 by mid-2025, a level that would represent significant gains from current levels. Image: Morgan Stanley Wealth Management
Brent Crude Oil Price Forecast Goldman Sachs has lowered its forecast for Brent crude oil prices, projecting a trading range of $70 to $85 per barrel until the end of 2025, due to stable OPEC inventories, strong U.S. production, and weak demand from China. Image: Goldman Sachs Global Investment Research
Bitcoin Market Price and Average Cost of Production Bitcoin’s market price currently exceeds the average cost of production, estimated by JP Morgan, creating a profitable scenario for miners. Image: J.P. Morgan