Volatility of VIX Index The VIX volatility could suggest a shift in the business cycle or a structural shift. Image: Morgan Stanley Wealth Management

U.S. 10-Year Treasury Yield Barometer of Coronavirus/Vaccine vs. Reopening Portfolio / Lockdown Portfolio Are higher Treasury yields coming on the approval of a coronavirus vaccine? Image: BofA Global Investment Stratey

Forward Three-Month S&P 500 Performance Following U.S. Presidential Election The S&P 500 tends to do much better if the President is re-elected. Image: Morgan Stanley Wealth Management

U.S. Elections – Implied Probabilities for the Five Scenarios for Congress The odds of a Democratic sweep remain relatively high. Image: BofA

U.S. Fiscal Deficit as a Percent of GDP and Fiscal Thrust Is too much stimulus better than too little? Image: BCA Research

AA Returns Next 4 Years under S&P 500 and 10-Year U.S. Treasury Assumptions Investors should expect much lower returns over the next 4 years, unless the S&P 500 can rally to 5,800. Image: BofA Global…

China Real GDP vs. U.S. Real GDP Chart suggesting that China real GDP will overtake U.S. real GDP after 2028. Image: BofA Global Investment Strategy

GWIM Macro Sentiment Barometer The GWIM macro sentiment barometer has turned negative. Image: BofA Global Investment Strategy

U.S. Dollar/Renminbi Exchange Rate and 10-Year Government Bond Yield, China Minus U.S. China’s yield advantage supports the appreciation of the renminbi. Image: Morgan Stanley Wealth Management

U.S. Real GDP Forecast – Democratic Sweep vs. Republican Sweep This chart suggests what would Trump’s and Biden’s policies mean for U.S. real GDP. Image: Financial Times

U.S. Real GDP – Economic Booms and Buts U.S. real GDP booms at 33.1% rate in Q3 2020, one of the strongest on record. Image: CNBC