Coronavirus Survey: When Do You Think the First Working Vaccine for COVID-19 Will Be Available? A majority market professionals think that the first working vaccine for COVID-19 will be available within 6-18 months. Image: Deutsche Bank Research
S&P 500 vs. AAII Sentiment Survey AAII survey is more bearish than in March, as U.S. individual investors remain pessimistic about the rally. Image: Hondo Tomasz
Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index Despite the coronavirus, both regional PMIs suggest an increase in U.S. ISM manufacturing this month. Image: Swedbank Research
U.S. Survey Data and EPS Growth BofA’s model suggests 11.4% U.S. EPS growth by the end of Q2 2020. Image: BofA Global Research
BofA’s Fund Manager Survey Investors and S&P 500 FMS investors expect the S&P 500 to peak at 3,400. Image: BofA Global Fund Manager Survey
U.S. AAII Sentiment Survey and S&P 500 This chart shows that market sentiment is important to contrarian investors. Image: Pictet Asset Management
BofA’s Fund Manager Survey Global Equity Allocation FMS investors allocation to global equities is still below 50% level, consistent with prior market tops. Image: BofA Global Fund Manager Survey
Survey – Fear of Recession in the United States Recession fears recede among Americans. Image: Statista
Fund Manager Survey Cash Balance BofA Fund Manager Survey cash levels hold to 4.2%, the lowest cash balance since March 2013. Image: BofA Merrill Lynch Global Fund Manager Survey
S&P 500 vs. U.S. CEO Confidence Survey Economic Expectations The S&P 500 is in “Fear of Missing Out” mode, while CEO confidence has fallen to its lowest level in a decade. Image: Nordea and Macrobond