Commodities – Performance of the S&P GSCI Across Supercycles Goldman Sachs expects the S&P Goldman Sachs Commodity Index to return 43% in 2023. Image: Goldman Sachs Global Investment Research
Current Market Pricing for ECB’s Deposit Facility Rate The European Central Bank expects further rate hikes to fight inflation. Image: BofA Global Investment Strategy
U.S. Dollar – Currency Returns Will the U.S. dollar underperform in 2023? Image: BCA Research
U.S. Housing Starts and New One Family Houses Housing starts declined 0.5% in November. Usually, a continued downturn may signal a contraction of the economy. And historically, a decline in residential real estate has led several recessions. But housing is already in a slump and shouldn’t cause a recession.
S&P 500 Growth/Value – Valuation and Technical Indicators Should investors expect growth stocks to outperform value stocks? Image: BCA Research
U.S. ISM Manufacturing PMI vs. Philadelphia Fed General Activity vs. U.S. Empire State Manufacturing Survey Regional business activity surveys suggest a lower ISM Manufacturing PMI over the coming months. Image: Morgan Stanley Research
U.S. 10-Year Government Bond Yield Will the 10-year U.S. Treasury yield continue to rise? Image: The Daily Shot
FMS Investors – Net % Say They Are Overweight Commodities Relative to Bonds FMS investors are most underweight commodities relative to bonds. Image: BofA Global Fund Manager Survey
Active Global Equity Flows Outflows from active global equities persist. Image: BofA Global Investment Strategy
U.S. Recession – GDP Loss and S&P 500 Loss from Peak to Trough Should investors expect a mild U.S. recession in 2023? Image: Deutsche Bank
Returns – S&P 500 Growth vs. S&P 500 Value Should investors continue to overweight value vs. growth stocks? Image: Morgan Stanley Wealth Management