How Far is U.S. Consumer Activity From Normal? U.S. searches for beauty & fitness and urban transport suggest consumers are returning. Image: Arbor Research & Trading LLC

Sell in May and Go Away – Performance of the S&P 500 The next 6 months have been the worst on average, but the S&P 500 has been higher 7 of the past 8 years…

S&P 500: FAAMG vs. Remaining 495 Companies Will FAAMG’s outperformance persist in a stagflation environment? Image: Goldman Sachs Global Investment Research

S&P 500 vs. U.S. High Yield/High Grade and Large Cap Growth to Small Cap Value Charts suggesting that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small…

S&P 500 Moves Around Bear Market Bottoms Since 1870 If the March lows is the bottom, then the S&P 500 is well ahead of history in terms of market recovery. Image: Societe Generale Cross Asset…

ECB Balance Sheet, with Forecast Until End-2021 The ECB’s balance sheet is expected to expand further and hit 62% of GDP in 2021. Image: UBS

Sentiment Indicator – Current vs. Market Peak Currently, this sentiment indicator is relatively bullish compared to the last ten years. Image: Goldman Sachs Global Investment Research

Forecast in Corporate Earnings Fiscal support will largely, but not entirely, offset the decline in coporate earnings. Image: Goldman Sachs Global Investment Research

Performance over 12 Months: S&P 500 vs. FTSE All World and FTSE 100 U.S. equities had their best month since 1987, in the global rebound. Image: Financial Times

S&P 500 and 10% Monthly Gains, What Happens Next? Historically, 10% monthly gains for the S&P 500 have led to continued strong returns. Image: LPL Research

S&P 500 – Top Months Since World War II The S&P 500 posted its biggest one-month gain since 1987, surging 12.7% in April. Image: CNBC