Breakdown of Household Equity and Mutual Fund Ownership by Generation Baby boomers control a substantial proportion of the U.S. equity market. Image: Goldman Sachs Global Investment Research

S&P 500 Performance from Inauguration Day Chart showing the S&P 500 performance across different presidencies, from Ronald Reagan to Donald Trump. From 1928 to 2019, S&P 500 annual returns were positive 72% of the time. Image:…

Sentiment Indicator and Stock Positioning The GS sentiment indicator remains positive and is not stretched yet. Image: Goldman Sachs Global Investment Research

Short Interest as % of Market Capitalization S&P 500 Median Short interest on the S&P 500 remains low at 1.8%, the lowest level since 2004. Image: Goldman Sachs Global Investment Research

Energy Stocks – MSCI World Energy Index and Book Value Are energy stocks a buying opportunity? Image: Gavekal, Macrobond

Volatility – VIX Curve and U.S. Election VIX futures decline on lower U.S. election volatility. Image: Morgan Stanley Wealth Management

Value Stocks – Russell 2000 vs. Russell 2000 Value Can value stocks bounce back, as Value tends to outperform in the early stages of an economic recovery? Image: Financial Times

U.S. Treasury Federal Deficit or Surplus The U.S. federal government’s budget deficit has risen to unprecedented levels, thanks to the coronavirus pandemic. Image: The Daily Shot

Global EPS – Global Earnings Growth This chart highlights the strong recovery in global earnings growth. Image: Fidelity Investments

2020 U.S. Election Odds The odds of a “blue wave” of Democratic victories in the U.S. elections remain high. Image: Goldman Sachs Global Investment Research