U.S. Housing – Case-Shiller National Home Price Index and Model-Implied U.S. home prices are expected to rise more slowly in the coming years. Image: Goldman Sachs Global Investment Research
U.S. Auto and Housing Sales Signs of a strong recovery in U.S. auto and housing sales are evident. Image: BofA Global Investment Strategy
VIX’s 3-Month Rolling Median Deviation from Its Best-Fit Regression with S&P 500 Realized Volatility VIX remains high compared to S&P 500 realized volatility. Image: Goldman Sachs Global Investment Research
4-Week U.S. Dollar Flows Will the U.S. dollar sell-off continue? Image: BofA Global Research
Comparing Wilshire U.S. Large, Mid and Small-Cap Total Return Indices Compared to large- and small-caps, mid-caps tend to deliver better returns. Image: BofA ETF Research
Flows – Rolling Four-Week Average Net Buys of Tech Stocks BofA’s clients are selling tech stocks after record inflows. Image: BofA Securities
Performance – Non-Profitable Tech, Liquid IPOs and Bitcoin Sensitive Stocks Speculative parts of the market are taking big hits. Image: Financial Times
European Stocks – MSCI Europe Index Two-Year Forward P/E Premium to MSCI All Country Worl Index European stocks remain cheap relative to their global peers. Image: Morgan Stanley Wealth Management
Current Value Cycle vs. Historic Value Cycles Historically, Value cycle tends to last 33 months and Value tends to outperform Growth by about 60% on average. Image: BofA US Equity & Quant Strategy
Growth vs. Value – Based Relative Median Price to Forward Earnings Ratio Growth continues to trade above its historical average vs. Value. Image: BofA US Equity & Quant Strategy
S&P 500 and Investment Grade Bonds The divergence between investment grade bonds and the S&P 500 tends to be a bearish signal for the S&P 500. Image: BofA Global Research