U.S. High Yield vs. S&P 500 and Time to Recover After Major Market Crashes Historically, credit has recovered faster than equity after major market crashes. Image: BofA Research Investment Committee

Global Gold Demand This chart shows the largest sources of annual global gold demand. Image: howmuch.net

Secular Bull Market – S&P 500 with 200-Day and 200-Week Moving Averages This chart suggests that the secular bull market is intact, as the 200-week moving average is a strong support level. Image: Morgan Stanley…

Weeks Between S&P 500 Bear Market Bottom and Peak in Weekly Jobless Claims S&P 500 bear markets usually bottom several weeks before the peak in jobless claims. Image: Goldman Sachs Global Investment Research

Coronavirus Mortality vs. % of the Population Tested This chart suggests that the true COVID-19 mortality rate could be much lower than originally thought, about 0.4%. Image: J.P. Morgan Quantitative and Derivative Strategy

Global Real GDP – Latest World Economic Outlook Growth Projections This table suggests the coronavirus pandemic impact on growth across all regions. Image: International Monetary Fund

S&P 500 and Big Reversal Years Could the S&P 500 end the year positive? After a loss of more than 30%, it would be the first year ever. Image: LPL Research

S&P 500 vs. Weekly Economic Index The Weekly Economic Index fell below the trough of the Great Recession, while the S&P500 has rallied 28% from the 23 March low and retraced 50% of the recent…

Number of Months U.S. Economy in Recession Since 1918, the average U.S. recession has lasted about 13 months. Image: Deutsche Bank Global Research

U.S. Correlation Between GDP and Equity Market This chart shows the correlation between U.S. GDP and U.S. equity market (R² = 0.50). U.S. equity prices suggest U.S. GDP growth of 0.7% YoY in Q3 2020.…

G4 GDP Forecast Deutsche Bank expects G4 GDP levels to remain well below the pre-crisis trend. Image: Deutsche Bank Asset Allocation