China vs. USA The number of Chinese companies in the Fortune Global 500 now exceeds that of the United States. Image: BofA Global Investment Strategy

Utilities Dividend Yield Less 10-Year U.S. Treasury Yield Goldman Sachs upgraded utilities to outperform, as the utilities dividend yield is relatively high compared to the 10-year U.S. Treasury yield. Image: Goldman Sachs Global Investment Research

Performance – Industrials vs. S&P 500 and Global Current Activity Indicator (CAI) Goldman Sachs upgraded industrials to outperform, as global economic growth is improving. Image: Goldman Sachs Global Investment Research

Valuation – Energy Sector Returns vs. Long-Term Oil Prices Is the energy sector a relative bargain? Is the energy sector a relative bargain? Goldman Sachs is still “underweight” energy stocks. Image: Goldman Sachs Global Investment…

Gap Between S&P 500 Earnings Yield and U.S. Treasury Yield This chart suggests that the S&P 500 looks attractive relative to bonds, as the spread between the S&P 500 earnings yield and the U.S. 10-year…

Performance – Information Technology vs. S&P 500 and Russell 1000 Growth vs. Value Trees don’t grow to the sky, but so far, tech is the darling of the market. Image: Goldman Sachs Global Investment Research

MSCI World Median Correction and Recovery vs. Current Drawdown This charts shows a “beautiful V” and puts the current drawdown into perspective. Image: Ken Fisher, Fisher Investments

World vs. U.S. GDP Growth Forecast World GDP is expected to grow faster than that of the United States. Image: Goldman Sachs Global Investment Research

KC Fed Labor Market Conditions Index and Recessions The KC Fed Labor Market Conditions Index is positive. Labor market conditions remain above their long-run average. Historically, a negative value is a necessary, but not sufficient…

U.S. Dollar and Short Positions There is a risk of a short squeeze, as betting against the dollar is looking like a crowded trade. Image: Bloomberg

Cash Allocation Percentile vs. History Cash allocations are going down and could suggest more upside for stocks. Image: Goldman Sachs Global Investment Research