Valuation – S&P 500 EV to EBIT Are U.S. equities expensive? The S&P 500’s Enterprise Value to EBIT is still above Tech bubble highs. Image: Deutsche Bank Asset Allocation

Inflation Expectations – U.S. 10-Year TIPS Breakeven So far, the U.S. 10-year TIPS breakeven continues to follow the historical pattern after global recoveries. Image: Arbor Research & Trading LLC

U.S. 10-Year Yields and U.S. Dollar – Reaction to Global Recoveries Since 1970 So far, the U.S. 10-year yield and the U.S. dollar continue to follow the historical pattern after global recoveries. Image: Arbor Research…

China – Chinese Stocks Selloff Is the China stock selloff over? Image: Alpine Macro

World Oil Consumption and World Real GDP Global oil consumption remains on the rise, despite the coronavirus pandemic. Image: Alpine Macro

U.S. Home Prices – House Prices Relative to Income per Household Are U.S. home prices relative to household incomes on the way to the moon? Image: Macrobond

Small Cap Flows – Russell 2000 Index, Rolling 65-Day Should investors be bullish on U.S. small-cap stocks? Image: Morgan Stanley Wealth Management

Estimated Retail Flow into U.S. Equities and ETFs Is the retail investor stock buying boom just beginning? Image: J.P. Morgan Quantitative and Derivative Strategy

Effect of Fiscal Policy on Real U.S. GDP Growth Goldman Sachs is more optimistic than consensus and expects 2022 U.S. GDP to grow at 4.6%. Image: Goldman Sachs Global Investment Research

Stocks – Weekly New COVID-19 Cases and Dow Jones Airlines Index The coronavirus R0 is falling in the United States. Should investors look at airline stocks? Image: Alpine Macro

Small-Caps Valuation – S&P SmallCap 600 Index / S&P 500 Index – 12-Month Forward Price / Earnings Ratio Relative valuations suggest that small-caps could outperform large-caps over the next decade. Image: Morgan Stanley Research