Copper to Gold Ratio and U.S. 10-Year Treasury Yield

Copper to Gold Ratio and U.S. 10-Year Treasury Yield The copper-to-gold ratio is often considered a leading indicator for the direction of the 10-year U.S. Treasury yield under certain market conditions. Image: The Daily Shot

10-Year Annualized S&P 500 Returns

10-Year Annualized S&P 500 Returns Goldman Sachs predicts that the S&P 500 will achieve an average annualized return of only 3% in the coming decade, considerably below historical norms, reflecting concerns about high equity valuations.…

Global M2 Liquidity

Global M2 Liquidity The increase in global M2 money supply suggests that liquidity is on the rise, which is likely to stimulate economic activity and push equity markets higher. Image: Morgan Stanley Research

U.S. Corporate Income Tax Rate

U.S. Corporate Income Tax Rate The trend of declining effective tax rates among S&P 500 companies reflects broader economic shifts and policy decisions that have shaped the landscape of corporate taxation in the United States.…

S&P 500 Performance After 6-Week Win Streaks

S&P 500 Performance After 6-Week Win Streaks Since 1950, 6-week win streaks have generally been bullish for U.S. stocks, averaging an 11.1% increase in value one year later, which gives investors strong reasons to expect…

S&P 500 and Odds of Winning U.S. Presidential Election

S&P 500 and Odds of Winning U.S. Presidential Election The rising odds for Trump in prediction markets have been closely tied to an upswing in S&P 500 prices, reflecting investor sentiment that aligns with potential…

Distribution of 10-Year S&P 500 Annualized Returns

Distribution of 10-Year S&P 500 Annualized Returns Goldman Sachs projects a modest average annualized total return of 3% for the S&P 500 over the next decade, considerably below historical averages, reflecting concerns about high equity…

GWIM 4-Week ETF Flows as % of AUM

GWIM 4-Week ETF Flows as % of AUM BofA’s private clients have been buying municipals, dividend, utilities ETFs, and selling energy, EM debt, low-vol ETFs over the past four weeks. Image: BofA Global Investment Strategy

Ranked Cross Asset Returns by Year

Ranked Cross Asset Returns by Year Gold’s remarkable performance in 2024 is largely due to strong central bank purchases, its established reputation as a safe haven during uncertain times, and its effectiveness as an inflation…