Inflation – Supply Chain Disruption/Backlog Composite Surging searches for supply chain disruption and backlogs could lead to inflation risks. Image: Topdown Charts

Number of Global Equity ESG Funds and ESG Funds as a % of All Funds ESG funds are booming and show no signs of slowing down. Image: BofA US Equity & Quant Strategy

Brent Crude Oil Discounted by U.S. CPI The current level of oil prices in real terms is moderately high. Image: Gavekal, Macrobond

S&P 500 Tech / S&P 500 vs. U.S 10-Year Treasury Yield and Trailing EPS Will the outperformance of U.S. tech stocks continue? Image: BCA Research

Brent Crude Oil and 10-Year U.S. Inflation Breakeven Rate Oil prices and inflation are closely linked. Image: Morgan Stanley Wealth Management

Estimated Average Daily Retail Equity Buy-Sell Flow and Smart Money Flow Index Individual investors have bought all the dips this year, while institutional investors have de-risked their portfolios. Image: Morgan Stanley Wealth Management

Transitory and Persistent Inflation Persistent inflation continues to rise. Image: BofA Global Research

Commodities – Commodity Spot Index Are commodity prices on the way to the moon? Image: The Daily Shot

Treasuries Total Return Index Should investors expect total returns on U.S. Treasuries to be positive next year? Image: Lohman Econometrics

Institutional, Private Client and Household Allocation to Bonds Are investors too pessimistic about the outlook for bonds? Image: BofA Global Investment Strategy

Inflation – U.S. Used Car Prices When will the surge in U.S. used car prices end? Image: BofA Global Investment Strategy