Secular Bull Market – S&P 500 Weekly Chart with the 40-Week MA and 200-Week MA The S&P 500 has reached the 5600s target based on the bullish cup and handle pattern that formed in 2022-2023.…
Performance – Large Cap vs. Small Cap The durability of the rotation from U.S. large caps to U.S. small caps remains to be seen as the market assesses the implications of changing inflation and rate…
FMS Recession Expectations With economic indicators currently showing some resilience, is it unlikely that the global economy will experience a recession in the next 12 months? Image: BofA Global Fund Manager Survey
Performance – Regional Banks vs. Large Banks Would investors be better served by focusing on quality large bank names rather than trying to find value in the regional banking sector at this time? Image: BofA…
U.S. Unemployment Rate Technical analysis suggests an upside risk to the U.S. unemployment rate in the second half of 2024, indicating potential challenges in sustaining job growth and stability in the labor market. Image: BofA…
S&P 500 – Russell 2000 (Small Caps) Outperforms Russell 1000 (Large Caps) by 3% of More Historically, when small caps have outperformed large caps by 3% of more, the S&P 500 has been higher a…
U.S. Inflation – Core PCE and Core CPI Inflation is trending downward towards the Fed’s 2% target, a crucial aspect of its monetary policy aimed at maintaining price stability and anchoring inflation expectations at a…
U.S. Large Cap Flows Investor interest in U.S. large-cap funds has surged in 2024, with inflows to these funds positioned to be the second largest on record. Image: BofA Global Investment Strategy
Survey – Credit Investors: What Are Your Biggest Concerns? The 2024 U.S. election outcome could significantly impact fiscal policy, debt, interest rates, inflation, and economic growth, which are key concerns for U.S. credit investors. Image:…
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…