The U.S. Dollar As A Reserve Currency While the U.S. dollar’s status as the world’s reserve currency may evolve and share influence with other currencies, it is expected to remain a dominant currency for the…

S&P 500 Returns After >10% YTD End of May Bulls smile when the S&P 500 index has gained more than 10% after the first five months of the year, as the average return for the…

Returns for Small, Mid, and Large Caps U.S. small caps have a track record of outperforming larger companies over extended periods, with potential for a resurgence in performance based on valuation, profitability, and historical trends.…

Brent Oil Price Brent crude oil prices remain high relative to their levels five years ago, before the pandemic, reflecting past inflation’s impact. Image: J.P. Morgan

Performance – Best Performing Asset 33% of JPM clients expect developed market equities to perform the best over the next three months, driven by strong economic conditions and favorable market conditions. Image: J.P. Morgan

The 10Y-3M Yield Curve Although the U.S. 10Y-3M yield curve is not on the verge of uninverting, historical data suggests that the “uninversion” of the yield curve has been a reliable indicator of an impending…

Interest Rates – Central Bank Policy Rate Hikes vs. Cuts Emerging market central banks typically take the lead in initiating monetary tightening and easing cycles. In 2024, their approach has shifted away from aggressive easing.…

U.S. Regime Indicator In April, the U.S. regime indicator showed improvement, indicating positive signs and encouraging trends, which is great news. Image: BofA US Equity & Quant Strategy

M2 Money Supply and CPI Inflation The significant decline in money supply growth is one of the factors contributing to the contraction of inflation in the United States. Image: Real Investment Advice

S&P 500 Day of Month Seasonality Returns Considering seasonality, it would not be surprising to see a bounce-back in the S&P 500 in early June, as historically, this period has demonstrated a trend of positive…

What Happens Globally When Inflation Hits 8% Historically, after a spike above 8%, global median inflation tends to be stickier over the following 5 years, causing economic challenges and impacting the purchasing power of individuals…