Dow Jones Returns After 9-Day Win Streaks Historically, the Dow Jones has tended to experience bullish trends over the next 12 months following 9-day win streaks, with a median 7.9% increase in value observed since…
Valuation – U.S. Equity Market Capitalization to GDP The U.S. equity market cap to GDP ratio is near an all-time high at approximately 187%, suggesting a significant overvaluation of the U.S. stock market. Image: Goldman…
Earnings Surprise A strong 7% earnings surprise in the first quarter indicates robust performance by S&P 500 companies, which is likely to have a positive impact on investor confidence. Image: BofA Global Research
U.S. Dollar vs. Japanese Yen (USD/JPY) When yields on U.S. Treasury bonds are higher than those on Japanese government bonds, it can lead to a weakening of the Japanese yen relative to the U.S. dollar.…
Performance – U.S. vs. China Stocks Price Relative Will China stocks continue to outperform U.S. stocks in the coming months? Image: BofA Global Investment Strategy
S&P 500 Performance After Three Consecutive Days NYSE Advancers of 74% or Greater Three consecutive days NYSE advancers of 74% or greater suggest a bullish outlook for the S&P 500 over the next 12 months,…
U.S. Investement Grade Corporate Bond Spreads Will U.S. Investment Grade corporate bond spreads remain unchanged for an extended period? Image: BofA Global Investment Strategy
U.S. Coporate vs. Government Bond Returns Since March 2020, U.S. corporate bonds have significantly outperformed government bonds. Will this trend continue in the coming months? Image: BofA Global Investment Strategy
Valuation – Real Assets vs. Financial Assets The price of real assets relative to financial assets being very low suggests that investors should consider owning more real assets, such as real estate and precious metals.…
Real GDP and Inflation The U.S. economy has avoided recessions and stagflations 90% of the time, inspiring confidence in investors and showcasing the country’s commitment to long-term economic stability and growth. Image: BofA US Equity…
Market Breadth – Percentage of MSCI AC World Stocks Above 200-Day Moving Average The decline in prices and selling pressure in April did not have a negative impact on the breadth of the market. Image:…