Bear Market – What Do You Think Will Be the Max Peak to Trough Correction for the S&P 500 in the Next 6 Months? FMS investors do not expect a bear market in the next…
FMS Investor – Small Cap Stocks Will Beat Large Cap Stocks Is the reflation trade already over? Image: BofA Global Fund Manager Survey
Labor Market – U.S. Total Job Openings Less U.S. Unemployed Persons There are now more job openings in the United States. than unemployed persons. Image: Morgan Stanley Wealth Management
Composite Valuation Indicator and Subsequent 10-Year Real Annualized Returns Should equity investors expect negative real returns over the next 10 years? Image: BCA Research
Fed Ownership of Treasury Market The Fed’s ownership of nearly 25% of Treasury securities helps explain the disconnect between rates and the real economy. Image: Morgan Stanley Wealth Management
S&P 500 Equity Risk Premium and Real 10-Year Rates Will the S&P 500 equity risk premium rise further? Image: Morgan Stanley Research
Share of Industries in S&P 500 by Stage in the Cycle Currently, companies that constitute 66% of the S&P 500’s market capitalization are growing faster than before the coronavirus pandemic. Image: Deutsche Bank Asset Allocation
Peak ISM Manufacturing – S&P 500 vs. ISM Manufacturing Will the S&P 500 continue to rise after the peak in the ISM manufacturing? Image: Truist
U.S. Business Cycle Indicator and NBER Recession This business cycle indicator reflects a stronger than expected recovery in the United States. Image: BofA Global Research
Valuation – S&P 500 Trailing 4Q PE Should investors take a cautious approach to U.S. stocks? Image: BofA US Equity & Quant Strategy
Reflation Trade – U.S. Bond and Equity Markets Is the U.S. reflation trade still alive? Image: BCA Research