S&P 500 Free Cash Flow Despite a decline, the S&P 500 free cash flow remains higher than the historical trend, even during the current hiking cycle. Image: BofA Research Investment Committee

S&P 500 – Election Year Seasonality During election years, the S&P 500 tends to trend sideways in Q1. Investors are typically cautious about the potential outcomes of the upcoming elections and tend to adopt a…

Cyclical Sectors’ Relative Performance vs. Defensive Sectors Around the First Fed Cut After the first Fed interest rate cut, defensive stocks have historically shown stronger performance relative to cyclical stocks. Image: BofA US Equity &…

Market – Short Sellers Gains/Losses Market conditions and unexpected events have made short selling a difficult year, with over $145 billion in losses incurred. Image: CNBC

Gold Price While gold prices can experience short-term fluctuations and volatility, the long-term trend has generally been upward. Gold is often considered a hedge against inflation and economic uncertainties. Image: BofA Global Investment Strategy

Small Cap Stocks – Relationship Between Relative Fwd P/E of Russell 2000 vs. Russell 1000 and Subsequent 10-Year Annualized Relative Returns Investing in small-cap stocks during periods when they are trading at a significant discount…

Asset Class Returns Forecasts Bank of America forecasts a soft landing and moderate growth for global equities in 2024. Image: BofA Global Research

S&P 500 Total Return and Historical Inflation Peaks Historically, U.S. stocks have shown a tendency to increase when there is no recession following a peak in inflation. Image: Goldman Sachs Global Investment Research

Cumulative Inflows Across Asset Classes Cash is the flow winner in 2023. Will it serve as the driving force behind the bull markets of 2024? Image: BofA Global Investment Strategy

Price Performance Since the start of Fed rate hikes, there has been a notable increase in volatility within equity markets, especially considering the limited overall progress that has been achieved. Image: Goldman Sachs Global Investment…