Inflation – U.S. 10-Year Breakeven Rate U.S. bond market expectations for inflation continue to retreat. Image: The Daily Shot

% of Nasdaq Constituents Down 50% or More from their Price Highs More than 50% of Nasdaq stocks are down 50% or more from their price highs. Image: J.P. Morgan

Univ. of Mich. Consumer Sentiment Index and Russell 1000 Index, Trailing 12-Month Gross Profit Margin Should investors expect gross profit margins to disappoint in the coming months? Image: Morgan Stanley Wealth Management

U.S. Recessions Recessions in the United States are becoming rarer over time. Image: Goldman Sachs Global Investment Research

Cyclical/Defensive Equities Ratio vs. 10-Year Treasury Yield The 10-year U.S. Treasury yield and the cyclicals/defensives ratio have decoupled. Image: Morgan Stanley Research

S&P 500 Total Return Index (Real Annual Returns) The real S&P 500 is on course for the worst annual drop since 1872. Image: BofA Global Investment Strategy

S&P 500 Index Midterm Returns After Two Consecutive Negative Quarters During the midterm year, two consecutive negative quarters tend to lead to negative average returns one and two quarters out. Image: BofA Global Research

The Length of Recovery in the Last 12 Bear Markets Should investors remain cautious on equities, as capitulation has not been reached for risk assets? Image: BCA Research

Volatility – S&P 500 Spot Price and VIX Index The VIX remains below early 2022 peaks, despite the sell-off. Image: Goldman Sachs Global Investment Research

Sector Valuations Could the energy sector still go higher? Image: Goldman Sachs Global Investment Research