Global M2 Liquidity The increase in global M2 money supply suggests that liquidity is on the rise, which is likely to stimulate economic activity and push equity markets higher. Image: Morgan Stanley Research

U.S. Corporate Income Tax Rate The trend of declining effective tax rates among S&P 500 companies reflects broader economic shifts and policy decisions that have shaped the landscape of corporate taxation in the United States.…

S&P 500 Performance After 6-Week Win Streaks Since 1950, 6-week win streaks have generally been bullish for U.S. stocks, averaging an 11.1% increase in value one year later, which gives investors strong reasons to expect…

S&P 500 and Odds of Winning U.S. Presidential Election The rising odds for Trump in prediction markets have been closely tied to an upswing in S&P 500 prices, reflecting investor sentiment that aligns with potential…

S&P 500 Returns After Higher 10 of 11 Months Since 1950, when the S&P 500 has been up 10 of the past 11 months using the first signal in a cluster, it has shown a…

Distribution of 10-Year S&P 500 Annualized Returns Goldman Sachs projects a modest average annualized total return of 3% for the S&P 500 over the next decade, considerably below historical averages, reflecting concerns about high equity…

GWIM 4-Week ETF Flows as % of AUM BofA’s private clients have been buying municipals, dividend, utilities ETFs, and selling energy, EM debt, low-vol ETFs over the past four weeks. Image: BofA Global Investment Strategy

S&P 500 EPS – Potential U.S. Tax Impact on Earnings Per Share Donald Trump’s plan to cut the U.S. corporate tax rate from 21% to 15% could significantly impact S&P 500 earnings per share, potentially…

Ranked Cross Asset Returns by Year Gold’s remarkable performance in 2024 is largely due to strong central bank purchases, its established reputation as a safe haven during uncertain times, and its effectiveness as an inflation…

IG Bond Flows Investment-grade corporate bond funds continue to attract investors, resulting in the biggest 5-week inflow. Image: BofA Global Investment Strategy

China Equity Flows While the initial surge in inflows reflected optimism about China’s economic recovery, subsequent outflows highlight the fragility of market sentiment amidst ongoing economic challenges. Image: BofA Global Investment Strategy