S&P 500 – % Stocks That Are Within 10% of Their All-Time Highs Highs The S&P 500 is nearing its all-time high, but only 24% of individual stocks are within 10% of their peak levels,…
VIX and Geopolitical Risk Index The VIX tends to be sensitive to geopolitical events and can serve as an indicator of market sentiment during times of heightened geopolitical risk. Image: Goldman Sachs Global Investment Research
U.S. Home Price Forecasts Morgan Stanley projects a 3% decline in U.S. home prices for 2024. However, their bull case scenario predicts a 5% increase, while the bear case scenario anticipates an 8% drop. Image:…
Market Pricing of Fed Cuts vs. Real 10-Year U.S. Treasury Yield When the market expects the Federal Reserve to cut interest rates, it often leads to lower real yields, as investors adjust their expectations. Image:…
Relative Performance of the Equal-Weighted S&P 500 vs. Cap-Weighted S&P 500 by Macro Regimes The equal-weighted S&P 500 historically tends to outperform the cap-weighted index in economic recoveries, suggesting potential stronger growth for smaller and…
EM/DM Relative Performance vs. U.S. Dollar The strength of the U.S. dollar can affect the relative performance of EM/DM equities. A weak U.S. dollar has historically led to outperformance of emerging market equities. Image: BofA…
S&P 500 and Monthly MACD The overall trend of the S&P 500 is upward, as indicated by the rising 12-month moving average, and the positive signal from the MACD further supports this notion. Image: BofA…
S&P 500 Realized Volatility During Recession During recessions, there is often increased uncertainty and risk aversion among investors, which can lead to higher levels of volatility in the U.S. stock market. Image: BofA Global Research
Real Adjusted Price of Gold While the nominal price of gold has increased since the 1980 peak, when adjusted for inflation, the real price of gold is actually lower today compared to its high in…
10-Year U.S. Treasury Yield U.S. yields are likely to be lower in 2024, which could potentially support a cyclical bull bond market. Image: BofA Global Investment Strategy
U.S. Nominal GDP Less Government Budget Deficit While fiscal spending in the United States has the potential to boost GDP growth, it is important to carefully consider the long-term implications and trade-offs associated with such…