Cumulative Large Cap vs Small Cap Equity Flows The peak of large cap flows occurred at the end of 2022. Image: BofA Global Investment Strategy

ISM Manufacturing Index vs. U.S. HY – IG Spread The ISM Manufacturing Index in contraction is a sign of a potential recession, while the tight U.S. HY/IG spread suggests continued positive growth. Image: BofA Global…

Peak-to-Trough Declines in Historical Bear Markets Since 1929 A new bull market in U.S. stocks has officially begun, marking the end of the bear market. Image: BofA US Equity & US Quant Strategy

Top 5 Stocks % of S&P 500 Market Capitalization Does the current concentration of the S&P 500 in the five largest stocks suggest a potential bull trap, particularly as it is more pronounced than during…

S&P 500 – Top 10 Mega Caps and Bottom 426 Stocks Is the concentration of the top 10 stocks in the S&P 500 a cause for concern in the long term? Image: Real Investment Advice

S&P 500 Annualized Return on Friday An increase in the S&P 500 on Friday is often interpreted as a positive sign indicating a high level of confidence to hold over the weekend. Image: Carson Investment…

Bear Market – List of Indicators That Have Typically Occured Before Market Bottom Only 50% of signposts have been triggered vs. 80% before prior market bottoms. Image: BofA US Equity & Quant Strategy Click the…

S&P 500 Price Forecast Is the S&P 500 undervalued because of the artificial intelligence boom? Image: Goldman Sachs Global Investment Research

Commodities Relative to the S&P 500 The S&P 500 has clearly outperformed commodities, which appear oversold. Image: BCA Research

U.S. Deficits Higher U.S. deficits can lead to longer U.S. business cycles, as increased government spending can stimulate economic growth and lead to longer periods of expansion. Image: Deutsche Bank