GWIM Equity Allocation as % Assets Under Management BofA’s private clients show optimism about equity market growth and potential returns, as evidenced by their 63% portfolio allocation to equities. Image: BofA Global Investment Strategy
U.S. Labor Market – Unemployment Rate and Consumer Confidence Survey: Jobs “Plentiful” Minus Jobs “Hard to Get” Shifts in consumer perceptions regarding job availability suggest notable changes that could potentially lead to a rise in…
S&P 500 vs. U.S. Economic Surprise – CPI Surprise The improving economic surprise index and favorable macroeconomic conditions suggest that U.S. equities may better withstand inflation compared to previous cycles. Image: BofA Global Research
Citi U.S. Inflation Surprise Index Equities tend to perform well when the U.S. Economic Surprise Index increases, as this index indicates how much economic data surpasses expectations. Image: The Daily Shot
Performance – Price Ratio of Emerging Markets to U.S. Equities Since the global financial crisis, emerging market equities have continuously underperformed U.S. equities, leading to the current situation where the ratio between the two is…
U.S. Treasury Bond Future – 10Y Futures Positions Speculators have significantly increased their short positions in U.S. Treasury 10Y futures, reflecting a strong bearish sentiment among traders. Image: Deutsche Bank Asset Allocation
S&P 500 Earnings The impressive returns of the S&P 500 over the past year have been largely driven by earnings, particularly from a handful of high-performing tech stocks. Image: BofA US Equity & Quant Strategy
Equities – China’s Valuations If the MSCI China P/E ratio increases from its current range of 11-12x to a peak of 15-16x, this could represent a potential upside of approximately 40%. Image: BofA Global Investment…
Percent of S&P 500 Market Cap Reporting Earnings With a significant number of S&P 500 companies set to report their earnings shortly, market participants will be closely monitoring these results for indications of economic health…
How FMS Investors Believe the Global Economy Trends Will Be in Next 12 Months 50% of FMS investors expect stagflation in the global economy over the next 12 months, marked by stagnant growth and high…
WTI Crude Oil to Gold Ratio Gold shines as the best-performing asset of 2024 for those looking for stability and inflation protection, while oil faces significant challenges from shifting demand patterns. Image: BofA Global Investment…