Earnings and U.S. Unemployment During Recessions On average, a recession lasts 11 months, earnings decline by 26.5%, nominal GDP falls by 1.9%, and the unemployment rate peaks at 7.5%. Image: LPL Research

WTI Crude Oil Plunges Below Zero This chart shows the price of WTI crude oil below zero for the first time in history. Image: Financial Times

Cumulative YTD Equity Sector Flows: Single Stock vs. ETF BofA clients bought ETFs and sold single stocks for the four week. Image: BofA Securities

Breakeven Prices for Existing U.S. Oil Wells Breakeven prices for existing U.S. oil wells highlights that the current WTI oil price is too low for oil companies to make a decent return. Image: Federal Reserve…

S&P 500 Earnings: S&P 500 Peak-to-Trough Profit Decline in a Recession S&P 500 earnings fall about 16% in an average recession. Image: UBS

S&P 500 and 3-Month VIX vs. VIX The VIX3M vs. VIX has not confirmed the current rally and still remains below 1.0 in a sign of risk aversion. Image: BofA Global Research

Cross-Asset Volatility and Percentile of 3-Month Implied Volatility Cross-asset volatility is declining from very high levels, as sentiment has improved and new coronavirus cases have declined. Image: Goldman Sachs Global Investment Research

The Five Biggest Stocks in the S&P 500 The five biggest tech stocks dominate the S&P 500 Index. Image: Ritholtz Wealth Management LLC

Recovery of the S&P 500 The S&P 500 has retraced more than 50% of its 35% decline in just 19 trading days. Image: Fidelity Investments

VIX – 2020 Coronavirus Crisis vs. Global Financial Crisis The coronavirus crisis saw the VIX spiked much quicker than during the global financial crisis, and is normalizing more quickly as well. Image: J.P. Morgan Equity…

Volatility – VIX over a Century The stock market crash of 1929, the Black Monday of 1987, the global financial crisis in 2008, and the coronavirus crash were the most extreme events. Image: BNP Paribas