Negative Real Rates Around the World Most economies in the world experience negative real rates. Image: Gavekal, Macrobond

U.S. Transitory Inflation Meter Is U.S. inflation transitory? The BofA US transitory inflation meter remains at 100. BofA expects core PCE inflation will settle down to 2.1% by the end of 2022. Image: BofA Global…

Equity Flows in H1 Could too much liquidity create market instability? Image: BofA Global Investment Strategy

Top 20 Stocks Contributing to S&P 500 Return The S&P 500 remains overly concentrated. Is this a cause for concern? Image: BofA Global Investment Strategy

Annualized Equity Flows in H1 vs. Cumulative Historical Are equity inflows headed to the moon? Image: BofA Global Investment Strategy

Gold Price Performance – Day vs. Night Like the S&P 500, Gold also loves the night. Since 2006, the real profits have been made outside regular trading hours. Image: Lohman Econometrics

Global Stocks – Annualized Return Following Prior 6 Best H1 Gains How will global stocks perform for the rest of the year? Image: BofA Global Research

S&P 500 Index – % Monthly Change Historically, if the S&P 500 Index is up more than 12.5% in the first 6 months of the year, as it is today, it tends to be bullish…

S&P 500 Market Breadth – % of Members Above 50-Day Moving Average Market breadth has improved somewhat. 55% of S&P 500 stocks are now trading above their 50-day moving average. Image: Fidelity Investments

S&P 500 Pullbacks During Year Two of Bull Markets Should investors wait for a pullback as an opportunity to invest in U.S. stocks? Image: Axios

Performance – Top 50 Stocks with High Options Volumes vs. S&P 500 Since 2019, stocks with high options volumes have beaten the S&P 500 by a large margin. Image: Goldman Sachs Global Investment Research