Percent of S&P 500 Stocks with a Dividend Yield Above Stated Levels vs. 10-Year Treasury Yield If the 10-year yield rises to 1.75% by year-end, only 44% of S&P 500 stocks will have a dividend…

U.S. Yield Curve – Spread Between the 10-Year and 2-Year Treasuries A steepening yield curve suggests a stronger economic growth and rising inflation. Image: CNBC

Net Debt of Nonfinancial Corporations Relative to Cash Flow Companies have significant cash flow to cover their debt obligations. Image: LPL Research

Largest VIX 4-Day Drops Ever Large drops in the VIX tend to push the S&P 500 higher. Image: LPL Research

S&P 500 Dividend Yield Divided by 10-Year Treasury The S&P 500 dividend yield could be less attractive relative to the 10-year Treasury, if the 10-year yield rises to 1.75% by year-end. Image: BofA US Equity…

S&P 500 12-Month Return Distribution by YoY Changes in Long-Term (10-Year+) Treasury Yield There is no clear relationship between change in rates and stock returns. Image: BofA US Equity & Quant Strategy

Valuation – Dow Jones Industrial Average from 1921 to 1954 It took the Dow Jones 25 years to regain its 1929 highs. Is the U.S. stock market currently in bubble territory? Image: Financial Times

Monthly Tech Performance Around Peak Has tech performance reached its peak? Image: Deutsche Bank

Performance – % of Large-Cap Active Funds that Outperformed their Russell 1000 Benchmarks in January January was a tough month for large-cap active funds. Image: BofA Global Investment Strategy

U.S. Stock Market – New York Stock Exchange U.S. Short Interest Short-interest continues to decline on the NYSE. Image: Morgan Stanley Wealth Management

NAAIM Exposure Index and S&P 500 Index Asset Manager/Institutional Short Futures Only Open Interest Is the U.S. stock market ripe for a correction? Image: BCA Research