Author: isabelnet

Contributions to % Change in U.S. Real GDP Morgan Stanley expects 38% (annualized) US real GDP decline in Q2 2020. Image: Morgan Stanley Research

U.S. – Cumulative GDP Decline During Recessions This chart suggests a contraction in U.S. real GDP of more than 12% from peak-to-trough this year, as a result of the coronavirus pandemic. Image: Oxford Economics

Change in G4 Central Bank Balance Sheets G4 central bank balance sheets are expected to expand by 29% of GDP by year-end 2021. Image: Morgan Stanley Research

Tech Giants – FAAMG vs. Tech Bubble and Nifty 50 This table puts into perspective FAAMG today vs. the tech bubble and the Nifty 50 bubble. Image: Goldman Sachs Global Investment Research

Relative Valuation: Small Caps vs. Nasdaq 100 Index The relative valuation today suggests that small caps should lead the Nasdaq 100 over the next decade. Image: Morgan Stanley

Forecast – New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3000 by the end of 2020, and a new mid-year S&P 500 target of 2400. Image: Goldman Sachs Global Investment Research

MSCI ACWI and Number of Countries Reporting a New High in Daily Coronavirus Cases The correlation between the MSCI AWCI and new high in daily coronavirus cases (inverted) suggests continued recovery as the coronavirus pandemic fades out. Image: BofA Global Research

Growth in New Coronavirus Cases and VIX (Volatility) As the coronavirus pandemic subsides, volatility is going away. Image: Deutsche Bank Global Research

U.S. Large Cap Equity Historical Return Decomposition This chart shows the sources of historical returns since 1871. Image: Research Affiliates, LLC

U.S. Consumer Spending Contribution to YoY U.S. GDP Growth This time will be different, as U.S. consumer spending rarely falls into negative territory even during recessions. Image: BlackRock Investment Institute

S&P 500 and Bull Markets Goldman Sachs asks: “Has a new bull market started?” Image: Goldman Sachs Global Investment Research