S&P 500 – Short Interest on the SPY and QQQ U.S. ETFs Low short interest in the SPY and QQQ U.S. ETFs suggests little speculation on price declines, which affects market dynamics by lowering the…

S&P 500 1-Day Move to CPI The U.S. equity market’s response to CPI data is becoming less pronounced, influenced by shifting investor sentiment about interest rates and overall economic conditions. Image: BofA Global Research

S&P 500 Stock Splits – Median Relative Performance vs. Sector While stock splits do not inherently change a company’s value, the increased investor interest they generate often leads to short and medium-term outperformance relative to…

Global Debt Global debt reached an all-time high of $313tn at the end of 2023, highlighting the challenges and potential risks associated with managing and servicing debt in both developed and developing economies. Image: BofA…

Rates and Dollar Forecast BofA expects the Fed to cut rates in September, adjusting its previous expectations. While market expectations for rate cuts have risen, the Fed hasn’t given a clear signal and will rely…

U.S. Treasury Interest Payments The U.S. government’s growing interest payments, driven by rising debt and rates, pose significant risks to the economy and financial markets. Image: BofA Global Investment Strategy

S&P 500 vs. 37-Week Rate of Change Historically, a rise of over 30% in the 37-week rate of change of the S&P 500 Index has served as a warning signal for potential corrections. Image: Real…

U.S. Private Sector Financial Assets % of GDP The growing disconnect between U.S. financial asset values and GDP raises concerns about the widening wealth gap, potential systemic risks, economic instability, and policy challenges. Image: BofA…

U.S. CPI Inflation vs. U.S. 10-Year Bond Yield CPI dynamics in early 2024 show a clear pattern: Q1’s higher inflation prompted increased Fed scrutiny, while Q2’s declines suggest potential interest rate cuts, impacting market expectations…

Ownership of Developed Markets Government Debt Most U.S. government debt is owned domestically, while foreign investors hold a smaller but still significant portion. Image: BofA Global Investment Strategy

S&P 500 >4.5% in Four Days and Above 200-Day MA Since 1990, when the S&P 500 has risen more than 4.5% in four days, it has shown a strong tendency to be higher a year…