Inflation and Real Total Returns – S&P 500, 60/40 Portofolio and U.S. 10-Year Bonds Historically, equities have generated the highest annualized returns in periods when inflation is below 1% and rising. Image: Goldman Sachs Global…

U.S. Unemployment Rate Recoveries Since 1948 The U.S. unemployment rate recovery is following a path unlike any recession since 1948. Image: Nomura

MSCI World Index with China Exposure vs. MSCI World Index Investors have noticed that China emerged from recession months ago. Image: Morgan Stanley Research

Weekly Flows into U.S. Funds Buying Inflation-Protected Securities Investors demand for inflation-protected securities is on the rise as economic optimism surges. Image: Financial Times

Performance vs. S&P 500 MSCI Emerging Market Equity Index and Copper The rebound in copper prices could suggest strong emerging market performance. Image: Morgan Stanley Research

S&P 500 Returns – What Happens After 10% Monthly Gains? Historically, after 10% monthly gains, the S&P 500 tends to be positive over 6 and 12 months. Image: LPL Research

Number of S&P 500 Stocks Contributing to Market Gains in 2020 464 stocks in the S&P 500 closed positively in November. Will the trend continue in December? Image: Statista

Performance – Nasdaq 100, Russell 2000, Stoxx Europe 600 Banks, MSCI All Countries Energy Welcome to the ‘everything rally’, despite the damage of the coronavirus pandemic on the global economy. Image: Financial Times

S&P 500 Index Average Monthly Returns in December Historically, when the S&P 500  is up more than 10% year-to-date, the month of December tends to be up 2% on average. Image: LPL Research

Nasdaq Composite to Russell 2000 Ratio Is it the start of a long reversal? Image: Deutsche Bank

Nasdaq 100 and 65-Day Rolling % Change Will the Nasdaq 100 keep setting records? Image: Strategas Research Partners