Mega-Cap Growth Stocks vs. S&P 500 This chart highlights the outperformance YTD of mega-cap growth stocks vs. the S&P 500. Image: Deutsche Bank Asset Allocation

Cash as % of U.S. Equity Market Capitalization Investors are confused, as there is a lot of cash on the sideline, despite the market rally. Image: Alpine Macro

Emerging Markets – Cross-Border Flows Chart showing the revival of emerging market equities and bonds from record outflows in March. Image: Financial Times

Weekly S&P 500 GICS Level 1 Sector Breadth This bullish chart shows that the S&P 500 GICs level 1 sector breadth moved above five, confirming the 2020 market rally. Image: BofA Global Research

Valuation – Commodities Relative to the Dow Jones Commodities relative to the Dow Jones are trading at the lowest valuation level since the mid-1960s. Image: Incrementum

S&P 500 Price Return vs. 2021 EPS Revisions This chart highlights the positive correlation between price return and 2021 earnings revisions. Image: Goldman Sachs Global Investment Research

Coronavirus – Early Openers and Virus Incidence On the positive side, the first countries that eased lockdown measures have not seen higher virus incidence. Image: Goldman Sachs Global Investment Research

World Epidemics and Global Stock Market Performance This chart shows how the global stock market has performed during past world epidemics. Image: BofA Global Research

S&P 500 Sectors Announced Buybacks This chart puts into perspective announced share buybacks by sector in the United States. Image: Deutsche Bank Asset Allocation

Dow Jones to Gold Ratio Since 1800 This long-term chart suggests the potential fall in share prices expressed in gold. Image: Incrementum AG

Housing – U.S. Median Famility Income to Mortgage Cost This chart suggests that relative to family incomes, buying a home in the U.S. is currently quite affordable by historical standards. Image: Gavekal, Macrobond