Gold Price – Worst Month in Four Years Gold continues to fall out of favour on vaccine optimism. Image: Financial Times

U.S. Equity Risk Premium and VIX The U.S. equity risk premium remains above its long-term average, but the risk-adjusted return of equity has dropped below its long-term avearge this year. Image: Societe Generale Cross Asset…

Growth vs. Value – MSCI Indices Value stocks are likely to benefit the most from the economic recovery. Image: Goldman Sachs Global Investment Research

China’s Single’s Day Set Another Record The China economy continues to grow. The recent Single’s Day shows that demand remains strong. Image: J.P. Morgan Asset Management

Earnings Forecasts – U.S., Developed International and Emerging Markets Earnings are expected to rise substantially in 2021, as the global economy continues to recover from the coronavirus pandemic. Image: LPL Research

Coronavirus – Baseline Expected Vaccination Timeline Goldman Sachs expects that more than half of the population in all major DMs will be vaccinated by the end of Q2 2021. Image: Goldman Sachs Global Investment Research

Flow – U.S. Value Stocks Second largest 3-week inflow ever to value stocks. Should investors forget growth stocks? Image: BofA Global Investment Strategy

Multi-Asset Class Total Return Since March 2020 Chart showing how the coronavirus and a COVID-19 vaccine affect asset returns. Image: Deutsche Bank

U.S. Fund Flows (YTD Cumulative) U.S. equity funds have seen inflows over the past few weeks, but there is still a lot of cash on the sideline. Image: Goldman Sachs Global Investment Research

Coronavirus – Proportion of Residents Planning to Be Vaccinated Against COVID-19 Within 3 Months of Vaccine Availability Will there be enough people in the world who will agree to be vaccinated to get rid of…

Flow – U.S. Small Cap Stocks U.S. small cap stocks are soaring, as positive news on a COVID-19 vaccine has fueled optimism about an economic recovery next year. Image: BofA Global Investment Strategy