EM ex-Asia vs. EM Asia – Relative Price Performance Should investors continue to favor EM ex-Asia vs. Asia? Image: Topdown Charts

Inflation – U.S. Core Goods CPI U.S. core goods CPI is expected to decelarate markedly this year. Image: Morgan Stanley Research

Valuation – S&P 500 90-Day Change in Forward P/E Historically, a sharp decline in the S&P 500 without a near-term recession tends to be a buying opportunity. Image: Truist

S&P 500 Ratio to 200 DMA and ISM Manufacturing PMI The S&P 500 was pricing an ISM Manufacturing PMI of 40. Image: Deutsche Bank Asset Allocation

Cumulative ETF Flows by Investor Type Individual investors are continuing to buy the dip despite the market’s sell-off. Image: Goldman Sachs Global Investment Research

Recession – U.S. Real Residential Investment vs. U.S. 30-Year Mortage Rate Is a recession in U.S. real residential investment inevitable? Image: Quill Intelligence, LLC

S&P 500 Index – the Cost of Waiting If investors wait for the perfect moment to invest, there is always a good reason not to be invested in the U.S. stock market. Image: Real Investment…

PE to VIX Ratio and S&P 500 6-Month Forward Return Higher volatiliy and lower valuations typically align with higher expected returns. Image: Richardson Wealth

Valuation – S&P 500 Fwd P/E A decline in U.S. stock prices without a near-term recession is generally a buying opportunity. Image: The Daily Shot

VIX and the S&P 500’s Distance from its 12-Month High Should investors expect a higher VIX regime going forward? Image: Goldman Sachs Global Investment Research

S&P 500 Operating Profit Margins U.S. profit margins have narrowed as corporate prices have become lower than labor costs. Image: BCA Research