Next Twelve Months P/E: Mega-Cap Growth Stocks vs. S&P 500 ex Mega-Cap Growth The outperformance of mega-cap growth stocks is similar with forward multiples. Image: Deutsche Bank Asset Allocation
S&P 500 and Largest 50-Day Gains Ever (Greater than 20%) This was the greatest 50-day rally ever for the S&P 500. Historically, past big rallies saw the S&P 500 higher 6- and 12-months later. Image:…
S&P 500 and % of Stocks Above their 200-Day Moving Average More than 90% of S&P 500 stocks are trading above their 50-day moving average, but just 47% are above their 200-day moving average today.…
Ratio of Mega-Cap Growth Stocks to the Rest of S&P 500 The rise in price of mega-cap growth stocks suggests that the earnings acceleration appears fully priced in. Image: Deutsche Bank Asset Allocation
U.S. Unemployment Rate and Inequality: African Americans vs. Whites This chart highlights the large gap between the African Americans and whites unemployment rates in the United States. Image: Financial Times
Flows – IG Bond Funds/ETFs and Prime Money Market Funds From record outflows to large inflows, the Fed has solved the liquidity crisis so far. Image: BofA Global Research
How Far is Consumer Activity from Normal in the U.S.? This chart suggests that U.S. consumer activity is gradually recovering. Image: Arbor Research & Trading LLC
S&P 500 Max Drawdown in Recession and % of Drawdown Recovered by Recession End The S&P 500 recovery is the second most recovery of all recessions since 1929, even if the current recession ended today.…
Global Recession Could the global recession last a long time? Image: Oxford Economics
U.S. Housing Sales U.S. housing sales are recovering from coronavirus, as builders have been reporting stronger demand. Image: Gavekal, Macrobond
Citi Economic Surprise Index and 10-Year Treasury Note Yield Are bonds risky? The Citi Economic Surprise Index suggests that bond yields could rise. Image: Renaissance Macro Research