Fed Funds Rate Expectations Despite the initial anticipation of multiple rate cuts in 2024 as suggested by the Fed’s “dot plot,” the current market sentiment indicates a more reserved outlook, with fewer rate cuts in…

Measures of U.S. Underlying Inflation BofA expects a first rate cut in December 2024 due to the stickiness of U.S. underlying inflation. Image: BofA Global Research

Are You More Likely to Increase or Decrease Bond Portfolio Duration Over the Coming Days/Weeks? JPM reports that only 29% of their clients are considering reducing the duration of their bond portfolios, indicating a strong…

S&P 500 LTM EPS Deutsche Bank is confident in its revised 2024 S&P 500 EPS base case forecast, which now stands at $258, up from $250. Image: Deutsche Bank Asset Allocation

Personal Saving Rate and U.S. Household The U.S. personal saving rate remains well below its long-term average, reflecting a trend of decreased savings and raising concerns about individuals’ financial security. Image: BofA Research Investment Committee

S&P 500 – Seasonality During Bull vs. Bear Markets The sell-in-May effect may be more relevant in bear markets. In bull markets, it may be seen as a missed opportunity for potential gains, given the…

Fed Rates Cut Since the Fed’s last hike in July 2023, their ongoing 10-month pause is exceeding the average duration. Extended periods of “higher for longer” policies often lead to unfavorable outcomes. Image: Morgan Stanley…

Cumulative Bond Flows Government bonds and investment-grade (IG) corporate bonds have experienced substantial inflows over the last 12 months. Image: Deutsche Bank Asset Allocation

Mortgage-Backed Securities (MBS) Fund Flows Record inflows into mortgage-backed securities over the past week highlight the growing interest in this asset class among investors. Image: BofA Global Investment Strategy

How the S&P 500 Performance After Big Starts to Previous Election Years After a strong start to the election year, the U.S. stock market tends to regain momentum towards the end of Q2 and generally…

U.S. Treasury Price vs. 200-Day Moving Average Should investors continue shorting U.S. bonds until bond yields exceed 5%? Image: BofA Global Investment Strategy