G3 Real Core Retail Sales Since 2019, real core retail sales in the United States have risen significantly, while Germany has seen stagnant growth and Japan has witnessed a decline, reflecting differing economic conditions and…
Median Relative Return vs. S&P 500 During 12 Months Following Start of Fed Cutting Cycle During periods when the Fed cuts interest rates, the healthcare and staples sectors have shown relatively stronger performance compared to…
S&P 500 and the Percentage of S&P 500 Stocks Above 50-Day Moving Averages The percentage of S&P 500 stocks trading above their 50-day moving averages is a warning sign, which could potentially have negative implications…
FMS Investors – Net % Expecting Stronger Economy vs. MSCI ACWI The increased optimism among FMS investors on global growth can be seen as a positive sign, potentially indicating a more favorable outlook. Image: BofA…
S&P 500 Gross Buybacks to Earnings Ratio It is possible that share buybacks will increase substantially in 2024, if the ratio of S&P 500 gross buybacks to earnings rises to the historical average. Image: Deutsche…
U.S. Recession and Fed Hiking Cycle Based on the lags between rate hikes and previous cycles, the likelihood of a recession in the United States remains a topic of discussion. Image: Deutsche Bank
U.S. Dollar Strength vs. Frequency of Reported Revenue Beats A weaker U.S. dollar is correlated with more revenue beats, reflecting the potential benefits of currency depreciation on corporate financial outcomes. Image: Goldman Sachs Global Investment…
10-Year U.S. Treasury Yield Since the Global Financial Crisis, there have been only two other occasions where the 10-year U.S. Treasury yield has experienced such a rapid decline, underscoring the exceptional nature of the current…
Performance – Nikkei 225 BofA has expressed its optimistic outlook for the Nikkei 225 Index, predicting that it will achieve new record highs in 2024 and rise by a substantial 13%. Image: BofA Global Research
Global Equities – MSCI AC World Mid- and Large-Cap Index Are emerging market equities poised for continued growth? Image: Gavekal, Macrobond
Average Annualized 1-Month Real Total S&P 500 Return and U.S. Unemployment Rate While a low U.S. unemployment rate is generally a positive indicator for the economy, very low unemployment rates can be seen as a…