30-Year U.S. Treasury Total Return Index Over the past four years, 30-year U.S. Treasury bonds have experienced their worst loss in over a century, with a decline of 54% in total return. Image: BofA Global…

Small Cap Stocks – Relationship Between Relative Fwd P/E of Russell 2000 vs. Russell 1000 and Subsequent 10-Year Annualized Relative Returns For long-term investors, periods when small-cap stocks are trading at a significant discount to…

Sentiment – U.S. Put Call Ratio Composite A relatively low put/call ratio is often interpreted as a sign of heightened bullish sentiment or greed in the market, which is frequently viewed as a contrarian indicator.…

Inflation – U.S. CPI Forecasts With inflation high, the Fed’s interest rate cut decisions require a delicate balance between price stability, economic expansion and employment support. Image: BofA Global Investment Strategy

S&P 500 – Largest 7 Stocks vs. Rest of Index Investing heavily in the largest seven U.S. stocks in a portfolio tends to underperform the rest of the S&P 500 index over the long term,…

Valuation – S&P 500 Long-Term P/E Ratio Valuation, particularly in the context of the S&P 500’s long-term P/E ratio, is a significant consideration for investors. The high current ratio suggests potential overvaluation. Image: The Daily…

U.S. Domiciled Funds: Active vs. Passive as a % of Assets Under Management Passive accounts for 54% of all U.S. domiciled fund assets, highlighting the significant growth and popularity of passive investing strategies in recent…

Cumulative U.S. Equity Fund Flows from 1 Year Before to 1 Year After U.S. Presidential Elections Since 2004 Positive flows into U.S. equity funds could help support further gains in the S&P 500 after the…

U.S. 2-Year Treasury Yield – Weekly Chart Technical analysis suggests that the 2-year U.S. Treasury yield is projected to decline by the end of 2024, with a potential target between 3.50% and 3.29%. Image: BofA…

Fed – The Distribution of FOMC Voters Should investors bet for a hawkish Fed policy tone in 2025, as the central bank remains focused on its fight against persistent inflation, even if it means risking…

Global Policy Rate Hikes In June 2024, for the first time since October 2020, no major central banks around the world raised interest rates, marking a significant shift in global monetary policies. Image: BofA Global…