S&P 500 Equity Risk Premium – Equities vs. Bonds The S&P 500 equity risk premium is expected to decline through 2022. Image: Goldman Sachs Global Investment Research

Implied Allocations: Gold (ETF Market Share of Gold ETFs vs. All ETF Assets) Despite the surge in inflation, investors are underweight gold relative to history. Image: Topdown Charts

S&P 500 Consensus Long-Term Growth Forecast The S&P 500 consensus long-term growth is at record high. Is this a bearish signal? Image: BofA US Equity & Quant Strategy

Household + Mutual Fund Ownership of U.S. Equities Household + mutual fund ownership of U.S. equities is increasing dramatically. Image: Goldman Sachs Global Investment Research

China GDP Growth China’s GDP growth is expected to rebound to 5.5% in 2022. Image: Morgan Stanley Research

U.S. 10Y-2Y Treasury Yield Curve and Real Fed Funds Rate The U.S. 10Y-2Y yield curve has declined. Will the Fed raise interest rates more quickly than expected? Image: Morgan Stanley Wealth Management

Global ESG Bond Funds Flows Global ESG bond funds flows show no signs of slowing down. Image: BofA Global Research

S&P 500 Index – Over/Under Valuation S&P 500 valuation remains stretched. Should investors pay more attention to P/E ratios? Image: Real Investment Advice

Euro to U.S. Dollar (EUR/USD) and Core Inflation Difference (Leading Indicator) EUR/USD could continue to drop, as core inflation in the U.S. has increased. Image: Nordea and Macrobond

Inflation – The Price of Thanksgiving The American Thanksgiving dinner will be much more expensive this year, as turkey prices are surging. Image: BofA Global Investment Strategy

Fed Funds Rate Less Year-Over-Year Change of Consumer Price Index The difference between the fed funds rate and the CPI is the largest on record. Image: Morgan Stanley Wealth Management