World Equities and U.S. 10-Year Treasury Bond Yield Chart suggesting to sell stocks if the earnings yield spread reaches 2.5%. Image: BCA Research

Change in Debt-to-GDP Between Q4-2019 and Q3-2020 Countries are accumulating record amounts of debt. This chart puts into perspective the rise in debt-to-GDP ratio by country between Q4-2019 and Q3-2020. Image: Deutsche Bank

S&P 500 Spot Index and 2027 Implied Dividends The gap between the S&P 500 and dividends expected in 2027 remains large. Image: Goldman Sachs Global Investment Research

U.S. Presidents and the U.S. Dollar Will the U.S. dollar continue to depreciate? Image: Alpine Macro

S&P 500 Total Return – The Market Cycle Since the March low, the U.S. stock market continues to behave like a secular bull market. Image: Fidelity Investments

Russell 2000 – Annual Returns and Intrayear Drawdowns 2020 is not finished yet, but this year could mark the largest drawdown in any given year that ended with a positive return. Image: Ritholtz Wealth Management…

Global Debt by 2030 Global debt could exceed $360 trillion in 10 years, if it continues to grow at the average pace of the last 15 years. Image: Institute of International Finance

Performance – What Asset Class Do You Think Will Outperform in 2021? FMS investors expect emerging markets, the S&P 500 and oil to outperform in 2021. Image: BofA Global Fund Manager Survey

Bull-Bear GDP Growth Forecasts The bull case scenario consists of a more accommodative fiscal policy and a faster return to normal with a vaccine broadly available more quickly. Image: Morgan Stanley Research

Biggest One-Day Value Factor Gains in History Will the value rotation continue? Image: Financial Times