S&P 500 – Magnitude of 5%+ Pullbacks When pullbacks of 5% or more occur, historical data shows that the S&P 500 has experienced an average decline of -10.2% from its peak. Image: Deutsche Bank Asset…

S&P 500 Performance When Up YTD Between 10-20% At the End of September When the S&P 500 is up year-to-date between 10-20% at the end of September, the fourth quarter tends to be bullish. Historical…

Average Year for the S&P 500 During a Pre-Election Year Historically, the third quarter of pre-election years has been characterized by weakness in the performance of the S&P 500, while the fourth quarter has exhibited…

S&P 500 Dividend Yield and 10-Year Treasury Yield U.S. Treasuries may currently appear attractive compared to the S&P 500 dividend yield. Image: The Daily Shot

Average U.S. 10-Year Treasury Yield Move Before and After the Last Fed Hike in the Cycle Historically, after the last Fed rate hike, U.S. 10-year Treasury yields have tended to trend lower on average. Image:…

China Real GDP Growth Forecast The downturn in growth in China may be stabilizing. Image: Goldman Sachs Global Investment Research

Performance – Ratio of Russell 2000 Index to Russell 1000 Index The underperformance of small caps relative to large caps raises questions about their capacity to adapt to rapid changes in the economic landscape. Image:…

Consensus U.S. GDP Growth Could the United States experience a significant deceleration in GDP growth in the near future? Image: Deutsche Bank Asset Allocation

Sentiment – Global PMI and Risk Appetite Indicator The GS risk appetite indicator remaining elevated suggests that investors have a high appetite for risk in the financial markets. Image: Goldman Sachs Global Investment Research

Hard/Soft/No Landing Pricing Across Asset Classes Investors may allocate cash to bonds in hard landing, a combination of stocks and credit in soft landing, commodities in no landing. Image: BofA Global Investment Strategy

Macro Forecasts Goldman Sachs predicts that the S&P 500 will reach 4,700 and the 10-year U.S. Treasury yield will be at 3.8% in 12 months. Image: Goldman Sachs Global Investment Research