Cyclicals/Top 1500 and U.S. Recession Morgan Stanley sees a massive upside in cyclical shares, in a sharp V-shaped economic recovery. Image: Morgan Stanley Research

Performance – U.S. Listed Equities That Are Popularly Traded On Retail Platforms vs. S&P 500 The favorite U.S. stocks of retail investors have outperformed the S&P 500 by a large margin since March lows. Image:…

U.S. Real M2 Growth and Inflation The United States is exposed to the risk of higher inflation, as the fiscal and monetary policies are the most expansionary. Image: Morgan Stanley Research

Nasdaq 100 vs. S&P 500 Ratio The ratio of the Nasdaq 100 to the S&P 500 has only been higher in 2000, during the dotcom bubble. Image: Bespoke Investment Group

U.S. Federal Fiscal Deficit This year, the U.S. federal fiscal deficit will be the highest since 1943, thanks to the coronavirus pandemic. Image: Morgan Stanley Research

10-Year Treasury Yield – Current vs. 2009 Will U.S. 10-year Treasury yields turn higher, as in 2009? Image: Morgan Stanley Research

Bloomberg Dollar Index vs. U.S. Industrials ETF A rebound in activity could suggest a further depreciation of the U.S. dollar. Image: Goldman Sachs Global Investment Research

U.S. Election – Nasdaq vs. Probability of Democratic Presidential Win in 2020 Has the market already priced in a democratic victory in November? Image: Variant Perception Research

Market Capitalization of the Largest 10 Companies as a % of the Index Market Capitalization This charts highlights the high concentration of market capitalization in the largest 10 companies. Image: Goldman Sachs Global Investment Research

5-Year TIPS Yield (U.S. Real Rates) vs. Gold Generally, when the U.S. 5-year TIPS yield goes down, gold tends to up. Image: The Daily Shot

U.S. Housing – MBA Purchase Applications Index Demand for housing has formed a V-shape in recent months. Image: Goldman Sachs Global Investment Research