Performance – Russell 1000 Value/Growth Month Returns This month sees the strongest outperformance in small cap value since the 2000s (September return projected to month end). Image: BofA Global Investment Strategy

Correlation with Vaccine Optimism (Value, Defensives, S&P 500, Cyclicals and Growth) Value could outperform as vaccine optimism increases. Image: Goldman Sachs Global Investment Research

COVID-19 Lockdown Portfolio vs. COVID-19 Reopening Portfolio (Coronavirus) Since January 2020, the COVID-19 “lockdown portfolio” has outperformed the COVID-19 “reopening portfolio.” Image: BofA Global Investment Strategy

Tech Inflows Investors continue to rush into tech, despite the growing concerns of a potential bubble forming in the tech sector. Image: BofA Global Investment Strategy

Real GDP – China vs. U.S. Chart suggesting that China real GDP will overtake U.S. real GDP by 2031. Image: Deutsche Bank

Fed’s Balance Sheet Growth The growth of the Fed’s balance sheet has a good correlation with the S&P 500 since 2009. How will the U.S. stock market do the rest of the year? Image: Financial…

Forecasts for Cumulative Total Oil Stock Builds by Region The Goldman Sachs forecast remains unchanged for Brent at $65/bbl by 3Q 2021. Image: Goldman Sachs Global Investment Research

Performance of Rule of Ten Stocks vs. Equal-Weighted S&P 500 The equal-weighted basket of “Rule of Ten” stocks has returned 24% YTD, compared with -4% for the equal-weighted S&P 500 and 39% for the equal-weighted…

Stock Buybacks by Companies in the S&P 500 Index Bye-bye buybacks! S&P 500 buybacks fell to $88.7 billion in the second quarter, the lowest level since 2012. Image: CNBC

S&P 500 Bear Markets It was the fastest bear market and the fastest recovery in history. Image: The Wall Street Journal

FAAMG Stocks vs. S&P 500 FAAMG stocks have rocketed this year: 40% YTD vs. 5% for the S&P 500. Image: Goldman Sachs Global Investment Research