Valuation – Relative P/E High vs. Low Dividend Yield Stocks This chart suggests that stocks that pay large dividends haven’t been so cheap since around 1980, relative to low dividend yield stocks. Image: Goldman Sachs Global Investment Research
Number of U.S. Listed Stocks and Average Age of U.S. Listed Stocks The U.S. stock market is shrinking. The number of firms listed on U.S. stock exchanges has fallen by nearly 50% since 1996. Image: Deutsche Bank Global Research
Strong vs. Weak Balance Sheet Stocks Forward P/E Ratio and CCC/BB OAS Ratio Quality in U.S. credit and equity markets is very expensive. Image: Goldman Sachs Global Investment Research
Super-Cycles – Commodities, Stocks, and Bonds The importance of asset allocation and diversification: commodities, stocks, and bonds do not necessarily moved together over the long term. Image: Wells Fargo Investment Institute
Rotation from U.S. Stocks to Rest-of-World The rotation from U.S. stocks to cheaper global stocks continues, reaching $123 billion recently. Image: BofA Merrill Lynch Global Investment Strategy
Value Stocks vs. Low Volatility Stocks Chart showing the large divergence between value stocks and low volatility stocks, like never before. Image: J.P. Morgan
Bull Market – U.S. Stocks-to-Bonds Ratio Chart showing the bull market in the U.S. stocks-to-bonds ratio. So far, the long-term support has held well. Image: BCA Research
Valuation – Value vs. Momentum Stocks Chart suggesting that value stocks are currently very cheap vs. momentum stocks. The relative forward P/E of value vs. momentum is at two standard deviations below the average. Image: BofA Merrill Lynch US Equity & Quant Strategy
Best-Performing Stocks of the Century An initial investment of $100 in Monster’s stock would be worth $62,444 today. Image: howmuch.net
Stocks, Bonds and Commodities Performance During U.S. Presidential Election Years Historically, since 1900, stocks and bonds have struggled in the first half of U.S. presidential election years. Image: Wells Fargo Investment Institute