Valuation – S&P 500 Trailing 4Q P/E Bullish investors stay long until the trailing PE ratio of the S&P 500 exceeds 25x, signaling potential overvaluation and higher risk, prompting reassessment and defensive strategy shift. Image:…
Tech Stocks – G3 Central Bank Balance Sheet vs. Nasdaq 100 Will the divergence between central bank liquidity and tech stock performance continue through 2024? Image: BofA Global Investment Strategy
S&P 500 Price 20-Week Change Since the 1930s, there have been 10 instances of U.S. stocks gaining over 25% in just five months, demonstrating the market’s potential for rapid and significant growth in a relatively…
S&P 500 EPS Growth vs. Buyback Growth While EPS growth may be one factor influencing a company’s decision to repurchase its own shares, it is just one of many potential drivers of buyback activity. Image:…
Real Market Cap to GDP Ratio vs. Expected 10-Year Forward Returns The current elevated inflation-adjusted market capitalization to GDP ratio suggests the likelihood of anemic returns for the U.S. stock market over the next 10…
Tech Flows (Annual Inflows to Tech) The significant inflows into tech funds highlight investors’ continued interest in the sector’s growth and innovation potential. Image: BofA Global Investment Strategy
S&P 500 Performance After >20% Gain in 18 Weeks The S&P 500 index has historically shown strong performance after >20% gains in 18 weeks. On average, one year later, the index has increased in value…
Sentiment/VIX Composite vs. Fed Funds During a rate hiking campaign, bullish sentiment tends to increase initially, but ultimately ends badly. Image: Real Investment Advice
S&P 500 Equity Risk Premium Considering the substantial decline in the equity risk premium, which currently stands well below its historical average, should investors approach U.S. equities with caution? Image: BofA US Equity & Quant…
S&P 500 EPS vs. Trend Do consensus EPS estimates for 2024 and 2025 accurately reflect an optimistic outlook, or are they overly optimistic? Image: J.P. Morgan
S&P 500 Performance for the Year Based on If January and February Are Higher Since 1950, when both January and February have been positive for the S&P 500, the average annual gain has historically been…