Stocks – Short Interest in Magnificent 7 as a % of Market Capitalization Short interest in the Magnificent 7 stocks is rising, as their high valuations have raised concerns among investors. Image: BofA US Equity…
Difference Between Initial Release and Consensus Expectations of U.S. GDP U.S. GDP was one of the biggest upside surprise compared to consensus expectations, highlighting the challenges of accurately forecasting economic trends and outcomes. Image: BofA…
Cumulative Growth of Fed Balance Sheet and S&P 500 Index Cumulative Growth The expansion of the Fed’s balance sheet tends to have a positive impact on the S&P 500 Index, suggesting a correlation between the…
Modeled Forward Russell 2000 Returns Conditional on Coincident Real U.S. GDP Growth The performance of small-cap stocks is linked to economic conditions. Weak U.S. economic growth may affect their returns, while strong growth offers potential…
Equities – Hedge Fund Client Four Week Average Net Flows Last week, BofA’s hedge fund clients were net buyers of equities for the first time in 10 weeks. Image: BofA Securities
S&P 500 Equal Weight Index The performance of the S&P 500 Equal Weight Index continues to be influenced by factors such as economic conditions, market sentiment, and other macroeconomic indicators. Image: Morgan Stanley Research
S&P 500 Valuation Matrix (12-Month Forward EPS and P/E Multiple) According to Morgan Stanley, U.S. equity market gains in 2024 may stall due to high forward multiples and ambitious earnings forecasts for the next 12…
Performance – What Is Likely to Be the Best-Performing Asset Class? Historically, equities have demonstrated significant growth and the potential for attractive returns over the long term. Will equities be the best-performing asset class in…
Consecutive Trading Days of Inverted 10Y-2Y U.S. Treasury Yield Curve The anticipation of Fed easing is being driven by the aging of yield curve inversion. Market participants are expecting the Fed to cut rates in…
S&P 500 Performance After a New All-Time High and More Than a Year Without Making One The S&P 500 reaching a new all-time high after more than a year without making one can be seen…
S&P 500 Sector Return on Equity vs. Price/Book Valuation The energy and consumer staples sectors are trading at levels below ROE-implied valuations. Image: Goldman Sachs Global Investment Research