Euro to U.S. Dollar (EUR/USD) and 10-Year Spread (Leading Indicator) The 10-year spread (Euro vs. U.S. dollar swap rates) tends to lead EUR/USD by 22 days. Image: Nordea and Macrobond
Inflows to Global Equity Funds Inflows to global equity funds in the past 5 months of $569 billion exceed inflows in the prior 12 years of $452 billion. Image: BofA Global Investment Strategy
Insider Transactions Ratio The Insider Transactions Ratio (officer, director or owner of 10% or more of a class of a company’s securities) remains in the neutral zone. Image: Barron’s
Performance – Nasdaq 100 vs. S&P 500 Is it the start of a long reversal? Image: BofA Global Investment Strategy
Global Equity Risk Premium The global equity risk premium does not show a high excess equity return over global government bonds. Image: BofA Global Investment Strategy
U.S. Equity Funds Split Between Active and Passive Strategies Can active funds beat passive funds in a recovering U.S. economy? Image: Financial Times
New York Fed GDP Nowcast The New York Fed’s GDP Nowcast stands at 1.52% for 2021:Q2. Image: Federal Reserve Bank of New York Click the Image to Enlarge
Weekly U.S. Equity Fund Flows This week, inflows into U.S. equity funds and ETFs. Image: BofA Global Research
1-Year Correlation – S&P 500 vs. U.S. Dollar Index How long will the negative correlation between the S&P 500 and the U.S. dollar persist? Image: Morgan Stanley Research
S&P 500 Returns After Strong First Quarter Historically, returns between 5-10% in the first quarter tend to be bullish for the S&P 500 through the rest of the year. Image: LPL Financial LLC