% of S&P 500 Stocks with a Dividend Yield Above Stated Levels S&P 500 dividend yields are near a record low at 1.3%. Image: BofA US Equity & Quant Strategy

U.S. Real GDP U.S. real GDP is expected to reach the pre-crisis trend in 2022. Image: Oxford Economics

Valuation – Current Enterprise Value/Trailing 12-Month Sales – Russell 1000 Growth Index and Russell 1000 Value Index Are U.S. growth stock valuations becoming too high? Image: Morgan Stanley Wealth Management

Cash Rolling 10-Year Annualized Returns Where should U.S. investors put their cash to work? Image: BofA Global Investment Strategy

Large Cap Stocks in Periods of Rising Inflation Are large cap stocks a hedge in periods of rising inflation? Image: Arbor Research & Trading LLC

Spread Between Equity and Government Bond 10-Year Rolling Returns Will U.S. stocks continue to outperform government bonds? Image: BofA Global Investment Strategy

The Long-Term Correlation Between U.S. Stocks and U.S. Interest Rates Rising interest rates tend to have a negative effect on earnings and the stock market. Image: Real Investment Advice

Valuation – Energy Price-to-Book and Relative Price-to-Book vs. S&P 500 Measured by the price-to-book ratio, the energy sector looks relatively cheap. Should investors expect energy stocks to rise in 2022? Image: BofA US Equity &…

Cash – Currency and Deposits of DM Households Could the excess accumulation of cash drive global stock markets higher? Image: Capital Economics

S&P 500 Earnings Estimates Through 2022 Morgan Stanley still expects S&P 500 earnings to rebound to $205 in 2021 and $209 in 2022. Image: Morgan Stanley Research

AUM in Global ESG Bond Funds AUM in global ESG bond funds shows no signs of slowing down. Image: BofA Global Research