Interest Rates – Central Bank Policy Rate Hikes vs. Cuts Emerging market central banks typically take the lead in initiating monetary tightening and easing cycles. In 2024, their approach has shifted away from aggressive easing. Image: BofA Global Investment Strategy
U.S. Regime Indicator In April, the U.S. regime indicator showed improvement, indicating positive signs and encouraging trends, which is great news. Image: BofA US Equity & Quant Strategy
M2 Money Supply and CPI Inflation The significant decline in money supply growth is one of the factors contributing to the contraction of inflation in the United States. Image: Real Investment Advice
S&P 500 Day of Month Seasonality Returns Considering seasonality, it would not be surprising to see a bounce-back in the S&P 500 in early June, as historically, this period has demonstrated a trend of positive returns. Image: BofA Global Research
What Happens Globally When Inflation Hits 8% Historically, after a spike above 8%, global median inflation tends to be stickier over the following 5 years, causing economic challenges and impacting the purchasing power of individuals and businesses. Image: Deutsche Bank
Interest Rates Since 3000BC The end of the era of low interest rates could potentially have far-reaching implications for both consumers and businesses. Image: BofA Global Investment Strategy
Commodities Total Returns Several commodities have experienced significant rallies so far this year. Will this trend persist in the coming months? Image: Goldman Sachs Global Investment Research
Financial Conditions Financial conditions in G3 economies have been experiencing a trend of loosening, posing challenges for central banks in their efforts to manage inflation and making it more difficult to keep it under control. Image: BofA Global Research
CTAs Exposure to Bonds CTAs’ overall allocation to bonds in the 8th percentile indicates a relatively low exposure to fixed income securities. Image: Deutsche Bank Asset Allocation
Forecast – U.S. 10-Year Treasury Yield According to consensus, the 10-year U.S. Treasury yield is expected to reach 4.20% by the end of 2024. Image: The Daily Shot
CTAs Exposure to Copper CTAs have a bullish outlook on copper due to the anticipated surge in demand driven by infrastructure development and the global shift towards renewable energy sources. Image: Deutsche Bank Asset Allocation