EU27 Nominal GDP vs. Nasdaq Market Capitalization Is tech in a bubble? The Nasdaq market capitalization is now bigger than the nominal GDP (in U.S. dollars) of the European Union’s 27 member countries. Image: Deutsche…

Annualized Returns by Asset Classes from 1985 to 2018 Art generated annualized returns of 5.3% between 1985 and 2018, and significantly underperformed private-equity, DM and EM equities. Image: The Wall Street Journal

Gold vs. Silver Gold approaches record as silver prices surge to highest levels in years, amid growing coronavirus fears. Image: The Daily Shot

Cross Asset Flows As the chart shows, equity flows have been particularly weak in the last 12 months. Image: Deutsche Bank Asset Allocation

Performance – S&P 500 vs. Nasdaq Will the Nasdaq continue to outperform the S&P 500? Image: The Daily Shot

10-Year U.S. Treasury Yield vs. Cyclical to Defensives Stock Ratio The divergence between the 10-year U.S. Treasury yield and the cyclical to defensives stock ratio suggests higher yields ahead. Image: Morgan Stanley Research

Seasonality – Average Monthly Total Return for the S&P 500 Index and Statistical Significance Over the past 20 years, July has been positive on average with a high confidence level. Image: Morgan Stanley Research

U.S. Labor Market Recovery Chart suggesting that the U.S. labor market recovery is stalling. Image: Goldman Sachs Global Investment Research

Coronavirus – U.S. Infections Outlook U.S. infections are expected to peak by mid-August. Image: Gavekal, Macrobond

S&P 500 Performance During Regular Trading Hours vs. Extended Hours Chart showing the performance divergence between regular trading hours and extended hours. Image: J.P. Morgan

Fiscal Policy Easing Response to Coronavirus Crisis The U.S. fiscal response to the coronavirus crisis is massive. Image: Goldman Sachs Global Investment Research