U.S. Federal Government Fiscal Balance Running deficits over an extended period of time is not a sustainable fiscal policy. Image: BofA Global Investment Strategy

Return – U.S. Corporate Bonds Corporate bonds have produced low annualized returns over the past 10 years. Image: BofA Global Investment Strategy

Share of S&P 500 Returns Attribuable to the Top 10 Contributors 10 stocks account for 82% of the S&P 500’s year-to-date return as of June 29. Image: Goldman Sachs Global Investment Research

S&P 500 Performance the First Six Months of the Year and What Happened Next Historically, a strong performance of the S&P 500 in the first half of the year tends to lead to further gains…

Nasdaq 100 Seasonality Historically, July tends to be a good month for the Nasdaq 100 index, with seasonal patterns showing positive performance. Image: Goldman Sachs Global Investment Research

U.S. Yield Curve – Which Yield Spread Matters? An inverted yield curve, which has preceded every U.S. recession over the past 50 years, is something that investors should care about. Image: Real Investment Advice

Structural Bull and Bear Markets Structural bear markets can be very painful for investors, as they can lead to prolonged periods of market decline and economic hardship. Image: Morgan Stanley Wealth Management

UK Equities Flows UK equities continue to experience outflows. Image: BofA Global Investment Strategy

Earnings – S&P 500 Trailing EPS vs. CPI Periods of high inflation can be harmful to earnings. Image: Morgan Stanley Research

S&P 500 Returns When >10% at the End of June When the previous year is negative, a strong performance of the S&P 500 in the first half of the year typically results in a solid…

S&P 500 Monthly Performance the Past 10 Years Looking at the past 10 years, the S&P 500 has been up in July 90% of the time. Image: Carson Investment Research