S&P 500 All Time Highs per Year and CAPE Ratio at YE Yesterday was the 11th all-time high in 2021. New all-time highs tend to occur in clusters and can last more than 10 years.…

S&P 500 Index Forecast Will the S&P 500 rise 10% to 4,300 by the end of June 2021? Image: Fundstrat Global Advisors, LLC

U.S. Inflation Expectation Basket Will U.S. inflation expectations fall back to lower levels? Image: Gavekal, Macrobond

U.S. Treasury Yield Curve Goldman Sachs expects the U.S. Treasury yield curve to steepen further in 2021. Image: Goldman Sachs Global Investment Research

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