M2 – Money Supply vs. Monetary Velocity Is printing more money good for the U.S. economy? Despite strong M2 growth, money velocity has declined. Image: Real Investment Advice

S&P 500 12-Month Forward EPS and Chicago Business Barometer Will S&P 500 EPS growth decelerate sharply? Image: Alpine Macro

Rates Forecast BofA expects U.S. rates at 2.9% in 2023. Image: BofA Global Research

Probability of a U.S. Recession in Next 12 Months The probability of a U.S. recession in the next 12 months remains low. Image: Richardson Wealth

European Stocks – Stoxx 600 Should investors be bearish on European equities? Image: BofA Global Research

Real U.S. Average Hourly Earnings and Recessions Is a recession likely in the United States if real wage growth remains negative by summer? Image: BofA Global Investment Strategy

Sentiment – Put/Call Ratio The put/call ratio remains high, signaling fear on the part of investors. Image: Goldman Sachs Global Investment Research

Russell 2000 Performance Relative to S&P 500 and ISM Manufacturing PMI Should investors expect a slowdown in U.S. economic activity? Image: Deutsche Bank

Flows – Subsequent 4-Week S&P 500 Returns Retail investors continue to buy the dip despite the Russia-Ukraine conflict, which is bullish for U.S. stocks. Image: BofA Securities

Median 12-Month Return of Sector-Neutral Dividend Portfolios vs. S&P 500 in Different Inflation Buckets In periods of high inflation, dividend stocks tend to outperform the S&P 500. Image: Goldman Sachs Global Investment Research

ISM Manufacturing PMI and S&P 500 Operating Margin The Manufacturing Purchasing Managers Index has peaked. Will S&P 500 operating profit margins roll over? Image: Morgan Stanley Wealth Management