Contributions to YoY Core PCE Inflation from Supply-Constrained Categories The contribution to U.S. core PCE inflation from supply-contrained categories is expected to fall significantly this year. Image: Goldman Sachs Global Investment Research

Distribution of Subsequent 30 Day S&P 500 Price Changes by VIX Regime VIX above 30 tends to be bullish for U.S. stocks, but tail risk increases. Image: S&P Global Market Intelligence

Global PMI and MSCI AC World YoY Total Return Performance Should investors expect a sharp slowdown in global activity? Image: Goldman Sachs Global Investment Research

Inflation – Share of Price Increases, 6-Month Annualized Basis Inflation is running high but is expected to start decelerating. Image: Goldman Sachs Global Investment Research

% of S&P 500 Stocks Above Their 200-Day Moving Average Can investors expect a relief rally in U.S. stocks? Image: The Daily Shot

Inflation in the Euro Zone Has headline inflation peaked in the euro zone? Image: Alpine Macro

Cumulative Change in Three-Month Interest Rates Futures Across DM Economies Markets expect higher interest rates in several DM economies. Image: Goldman Sachs Global Investment Research

U.S. Treasuries vs. Bond Volatility Is it time to be bullish on U.S. Treasury bonds? Image: Topdown Charts

AAII Survey – Average S&P 500 Returns After % of Bullish Investors Dropped Below 20% The AAII Bullish Sentiment is below 20%, which is contrarian bullish. Image: Truist

Rolling 6-Month Excess Return of Hedge Fund VIPs vs. S&P 500 The most popular hedge fund long positions have largely underperformed the broader market over the past 12 months. Image: Goldman Sachs Global Investment Research

S&P 500 Index Operating Margin and U.S. Corporate High Yield Index High yield bonds may suggest a decline in corporate operating margins. Image: Morgan Stanley Wealth Management