U.S. Personal Disposal Income Growth vs. U.S. GDP Growth Morgan Stanley is bullish on U.S. market, as personal disposable income growth is at record levels. Image: Morgan Stanley Research

Currency – The U.S. Dollar (USD) Is the Most Traded Currency The U.S. dollar is the most commonly traded currency in the world, followed by the euro, the Japanese yen, and the British pound sterling.…

U.S. 10-Year Treasury Yield vs. Cyclical/Defensives Stock Ratio The recent rise in the cyclical/defensives stock ratio could suggest a rise in 10-year yields. Image: Morgan Stanley Research

Secular Bull Market – Dow Jones Industrial Average and 30-Year Bond Cycles Chart suggesting a “new” secular bull market underway with the potential to last until 2034. Image: Fundstrat Global Advisors, LLC

Bitcoin Options vs. Futures Open Interest Bitcoin options and futures open interest is growing rapidly this quarter. Image: J.P. Morgan

Performance – Gold and Bonds Beat Stocks Will gold and bonds continue to outperform equities? Image: Bloomberg

S&P 500 At All-Time High Despite the coronavirus pandemic, the S&P 500 hits all-time high, but is testing resistance. Image: StockCharts

S&P 500 Index Performance After New All-Time Highs Historically, the S&P 500 Index performance has been much better (on average) after more than 5 months without a new high. Image: LPL Research

Delinquencies as % of Total Loans This chart shows the highest mortgage delinquency rate in nine years. Image: The Daily Shot

Estimated S&P 500 Earnings Impact Based on Biden’s Proposals Joe Biden’s tax proposal could significantly reduce S&P 500 earnings, if passed into law. Image: BofA US Equity & Quant Strategy

U.S. Small Caps – Ratio of Russell 2000 vs. S&P 500 Chart suggesting that small stocks are no longer providing big gains for investors Image: Financial Times