Fed Funds Rate YoY Less Real GDP Trailings 24-Months YoY Historically, the Fed’s tightening cycle tends to peak when the fed funds rate reaches the two-year trailing real GDP growth rate. Image: Morgan Stanley Wealth…

Inflation – U.S. Monthly CPI Is this the peak for inflation in the United States? Image: Fundstrat Global Advisors, LLC

Fed Rate Hikes or Cuts per Month Will the Fed be more dovish by year end? Image: Carson Investment Research

S&P 500 Monthly 1978 to 1986 Could the S&P 500 end the year above 4,800? Image: Fundstrat Global Advisors, LLC

Returns – 12-Month Peak-to-Trough Losses, U.S. Stocks and Treasury Bonds The 60/40 portfolio has suffered significantly in the first half of 2022. Will the second half of 2022 be better? Image: Goldman Sachs Global Investment…

CRB Raw Industrials (Commodities) and Russell 2000 : Value vs. Growth Stocks Should investors expect value stocks to outperform growth stocks in a context of rising commodity prices? Image: Alpine Macro

Real GDP Growth in the United States Since 1947, a negative GDP quarter has been rare outside of a U.S. recession. Image: Deutsche Bank

Performance – Theorical Growth of $100 Invested in Each Strategy Will U.S. small-cap value continue to outperform over the long term? Image: BofA Research Investment Committee

Earnings – Corporate Sentiment vs. Quarterly EPS YoY (Leading Indicator) Corporate sentiment tends to lead earnings growth by 3 months, suggesting earnings downside risk. Image: BofA Global Research

Sentiment – NAHB Housing Market Index U.S. homebuilder sentiment continues to fall. Image: BofA Global Research

Seasonality – Average Daily Return for S&P 500 and Level for VIX Seasonality suggests that the S&P 500 tends to move lower with higher volatility over the next few months. Image: Topdown Charts