Federal Funds Target Rate

Federal Funds Target Rate While the Fed has begun easing monetary policy, the current federal funds rate remains notably above their estimated neutral rate, with plans for further gradual reductions to bring it closer to…

U.S. Dollar – Overall Weighted Valuations Ranked

U.S. Dollar – Overall Weighted Valuations Ranked The U.S. dollar is considered the second most overvalued liquid currency globally, based on three valuation metrics: Purchasing Power Parity (PPP), Behavioral Equilibrium Exchange Rate (BEER), and Fundamental…

30-Year U.S. Treasury Yields Around Presidential Election Dates

30-Year U.S. Treasury Yields Around Presidential Election Dates Historically, 30-year U.S. Treasury yields have tended to rise after Republican victories and fall after Democratic victories, reflecting market perceptions of each party’s economic policies. Image: Deutsche…

Gold and U.S. 10-Year Real Rates

Gold and U.S. 10-Year Real Rates Gold prices typically exhibit an inverse relationship with U.S. real interest rates, as investors often shift their holdings between gold and interest-bearing assets based on the opportunity cost of…

S&P 500 Returns After the Election

S&P 500 Returns After the Election The U.S. stock market has shown a notable tendency to perform well following presidential elections. In fact, after the last ten elections, stocks have increased in value nine times,…

S&P 500 Around U.S. Election Date

S&P 500 Around U.S. Election Date Following the 2020 presidential election, the U.S. stock market exhibited robust growth. Can investors expect a similar trend after the 2024 election? Image: Deutsche Bank

MSCI Cyclicals/Defensives Return

MSCI Cyclicals/Defensives Return During anticipated economic expansions, investors lean towards cyclical stocks for their growth potential, while defensive stocks serve as a buffer during economic downturns. Image: Goldman Sachs Global Investment Research