Tech Stocks – G3 Central Bank Balance Sheet vs. Nasdaq 100 Will the divergence between central bank liquidity and tech stock performance continue through 2024? Image: BofA Global Investment Strategy
S&P 500 Price 20-Week Change Since the 1930s, there have been 10 instances of U.S. stocks gaining over 25% in just five months, demonstrating the market’s potential for rapid and significant growth in a relatively short space of time. Image: BofA Global Investment Strategy
S&P 500 EPS Growth vs. Buyback Growth While EPS growth may be one factor influencing a company’s decision to repurchase its own shares, it is just one of many potential drivers of buyback activity. Image: Goldman Sachs Global Investment Research
Real Market Cap to GDP Ratio vs. Expected 10-Year Forward Returns The current elevated inflation-adjusted market capitalization to GDP ratio suggests the likelihood of anemic returns for the U.S. stock market over the next 10 years. Image: Real Investment Advice
Tech Flows (Annual Inflows to Tech) The significant inflows into tech funds highlight investors’ continued interest in the sector’s growth and innovation potential. Image: BofA Global Investment Strategy
Return – Rolling 4-Month Percentage Change in the S&P 500 Index Does the fast rally in the S&P 500 reflect the characteristics of a bubble, especially when compared to the dot-com bubble? Image: Deutsche Bank
S&P 500 Performance After >20% Gain in 18 Weeks The S&P 500 index has historically shown strong performance after >20% gains in 18 weeks. On average, one year later, the index has increased in value by 18.1% since 1950. Image: Carson Investment Research
Sentiment/VIX Composite vs. Fed Funds During a rate hiking campaign, bullish sentiment tends to increase initially, but ultimately ends badly. Image: Real Investment Advice
S&P 500 Equity Risk Premium Considering the substantial decline in the equity risk premium, which currently stands well below its historical average, should investors approach U.S. equities with caution? Image: BofA US Equity & Quant Strategy
S&P 500 EPS vs. Trend Do consensus EPS estimates for 2024 and 2025 accurately reflect an optimistic outlook, or are they overly optimistic? Image: J.P. Morgan
Total Equity Fund Flows vs. S&P 500 EPS Growth Over the past 5 weeks, equity funds have seen inflows of $75 billion. The relationship between equity fund inflows and the growth in earnings of S&P 500 companies exhibits a discernible correlation. Image: Deutsche Bank Asset Allocation