U.S. Interest Rates – Velocity of MZM Money Stock and Natural Rate of Interest Should investors expect low interest rates for a long period of time? This chart helps to explain the secular trend for…
U.S. Government Spending as % of GDP The fastest fiscal contraction looms. Image: BofA Research Investment Committee
Great Bond Bear Markets in U.S. History Worried about a bond bear market? Image: BofA Research Investment Committee
U.S. Equity Returns (2-Day from Election Day) Last week saw the largest two-day equity bounce after U.S. Election Day since 1900. Image: Deutsche Bank Asset Allocation
Net Speculative Treasury Bond Positions Why everyone hates Treasuries? Is this the best contrarian trade? Image: Alpine Macro
Correlation of 12-Month Relative Returns vs. MSCI with Changes in U.S. Yields Is it time to shift back to value stocks? U.S. real yields are critical for the growth to value shift. Image: Goldman Sachs…
Emerging Market Stocks Are emerging markets the new haven for investors? Image: Morgan Stanley Wealth Management
S&P 500 Earnings per Share vs. ISM Manufacturing New Orders The jump in new ISM manufacturing orders suggests a significant rebound in S&P 500 earnings growth. Image: Morgan Stanley Wealth Management
Dividend Yield Valuations – Relative Median Price to Book Ratio Dividend yield valuations are at all-time lows. Image: BofA US Equity & US Quant Strategy
Coronavirus – Effectiveness of Vaccines Chart comparing the Pfizer’s COVID-19 vaccine to other vaccines. Image: Deutsche Bank
Gold (Daily % Change) The selloff of gold signaled a huge exodus of safe haven trades. Image: The Daily Shot