U.S. Initial Jobless Claims U.S. initial unemployment claims are rising in states with tech and banks. Image: BofA Global Investment Strategy

U.S. 1-Month T-Bill Yield U.S. Treasury bills (T-bills) have been hit by concerns over the U.S. debt ceiling. A default by the U.S. government on its debt would have serious and prolonged financial and economic…

U.S. Labor Market – Initial Claims The jump in U.S. jobless claims is raising fears of a potential recession. Image: J.P. Morgan

How Do You Believe the U.S. Debt Ceiling Will Be Resolved? JPM clients are confident that the U.S. debt ceiling issue will be resolved at the last minute. Image: J.P. Morgan

Fed – Months from Last Hike to First Fed Cut and from First Cut to U.S. Recession Historically, the median time from the last interest rate hike to the first cut is 4 months. Image:…

S&P 500 and the Small Caps vs. Large Caps Ratio The S&P 500 remains in a secular bull market. Image: BofA Global Research

Would You Rather Be Long or Short S&P 500 Volatility at the Moment? 73% of JPM clients prefer to be long S&P 500 volatility right now. Image: J.P. Morgan

U.S. 30-Year Treasury Returns After Last Rate Hike The U.S. 30-year Treasury tends to outperform in the three and six months following the last Fed rate hike. Image: BofA Global Investment Strategy

U.S. Dollar Returns After Last Rate Hike In inflationary periods, the U.S. dollar tends to rise in the three and six months following the last Fed rate hike. Image: BofA Global Investment Strategy

Valuation – Mega-Cap Tech Relative NTM P/E vs. Rest of S&P 500 The concentration of mega-cap tech stocks in the S&P 500 Index has raised concerns that the market is being pulled up by a…

Rolling 12-Month EPS Surprise vs. ISM PMI Are markets too optimistic? Image: Morgan Stanley Research