S&P 500 Performance Following Declines of 25% of Greater from All-Time Highs Since March 2020, the U.S. stock market’s recovery has been astonishing. Image: Charles Schwab

U.S. Core CPI and JOLTS Job Openings (Leading Indicator) JOLTS Job Openings tend to lead U.S. core CPI by 12 months. Image: BCA Research

Forecast Change in GDP for 2021 OECD raises world GDP growth forecast to 5.6% for 2021. Image: Financial Times

Largest Drawdowns in U.S. Treasuries Will U.S. Treasuries continue to suffer? Image: BofA Research Investment Committee

China – Industrialization Level and Urbanization Level China continues to rise as an industrial power. Image: BCA Research

Four-Week Average Single Stock Tech Flows Four-week average Tech flows have hit a record high. Is investors’ love of Tech stocks here to stay? Image: BofA Global Research

U.S. and European Equities – % of Corporates Whose Dividend Yield is Above the Corporate Bond Yield U.S. and European equities look cheap relative to corporate debt. Image: Goldman Sachs Global Investment Research

Valuation – S&P GSCI Commodity Index/S&P 500 Index Commodities remain undervalued relative to equities. Is it time to buy commodities? Image: Morgan Stanley Wealth Management

Deflation Assets vs. Inflation Assets Is the 40-year bull market in bonds over? Deflation Assets: government bonds, U.S. investment grade, S&P 500, U.S. consumer discretionary, growth and US high yield.Inflation Assets: TIPS, EAFE, U.S. banks,…

Market Share of Overall U.S. Equity Trading Volumes The frenzy of trading attracts more and more retail investors to the stock market. Image: Financial Times

U.S. ISM Manufacturing Index vs. U.S. Core CPI (Core Inflation Leading Indicator) U.S. annual core CPI at 1.3% in February. The U.S. ISM Manufacturing Index tends to lead U.S. Core CPI by 24 months. You…