U.S. Core CPI vs. Unemployment Rate When Fed First Cut Rates It is rare for the Fed to cut rates when core CPI exceeds the unemployment rate, signaling the central bank’s concern about potential inflationary…
Net % Investors Say They Are Overweight Bonds FMS investors currently have their largest overweight position in bonds since the global financial crisis, indicating their strong confidence in lower inflation and yields for the year…
Fed Funds Rate and Dow Jones Index In the same way as it was in the 1970s, it’s all about the Federal Reserve. Image: BofA Global Investment Strategy
Valuation – S&P 500 Price/Earnings Ratio The S&P 500 P/E multiple is expected to remain above the average level observed since 1990, indicating investors’ willingness to pay more for earnings, possibly due to optimism about…
S&P 500 Performance After >40% of the Components Make a 14-Day RSI >70 When more than 40% of S&P 500 components hit a 14-day RSI above 70, the S&P 500 index tends to perform strongly…
Cumulative Global Fund Flows Investors are showing less enthusiasm for equity funds. In contrast, flows into global bond and cash funds remain very strong, reflecting a prevailing investor sentiment towards these two asset classes. Image:…
U.S. Core CPI Minus Unemployement Rate % vs. Fed Funds Rate The Fed rarely cuts rates when core CPI exceeds the unemployment rate, reflecting the central bank’s concern about potential inflationary pressures in the economy…
U.S. Federal Debt Held by the Public The projected ballooning of the U.S. federal debt by 2050 could have negative impacts on the U.S. economy, with more interest payments, limited resources, and potential constraints on…
Stocks vs. Bonds – Relative Allocations U.S. stocks are relatively expensive compared to bonds. Are investors too aggressively positioned in U.S. stocks relative to bonds? Image: Topdown Charts
S&P 500 vs. 1982 Analog With financial conditions easing considerably and the Fed set to cut rates in 2024, will the S&P 500 continue to track the 1982 analog? Image: Fundstrat Global Advisors, LLC
S&P 500 Seasonality Analyzing historical trends can provide investors and traders with valuable insights, as it helps to understand the S&P 500’s past performance in the fourth quarter. Image: Goldman Sachs