Fed – The Distribution of FOMC Voters Should investors bet for a hawkish Fed policy tone in 2025, as the central bank remains focused on its fight against persistent inflation, even if it means risking some economic pain? Image: BofA Global Research
Global Policy Rate Hikes In June 2024, for the first time since October 2020, no major central banks around the world raised interest rates, marking a significant shift in global monetary policies. Image: BofA Global Investment Strategy
S&P 500 Index Relative to Historic Valuation Ranges The fact that U.S. markets are trading significantly above their typical valuation levels suggests that the expected outcomes may not be as optimistic as many investors anticipate. Image: Real Investment Advice
U.S. Government Total Outlays U.S. federal government spending has risen sharply since the 2020s, sparking debates about fiscal responsibility and the long-term implications for the U.S. economy. Image: BofA Global Investment Strategy
Top 10 Stocks as % of S&P 500 In recent years, there has been a substantial rise in concentration among the top 10 companies in the S&P 500, which has raised concerns about potential risks to investors. Image: Goldman Sachs Global Investment Research
Average S&P 500 Returns by the First and Second Half of the Month Seasonality is a useful statistical tool, but not a crystal ball for predicting future market movements. Past patterns indicate that the U.S. stock market has often demonstrated strength in the first half of July. Image: BofA Global Research
Seasonality Trends in MSCI AC World Index (Global Equities) July has historically been a strong month for global equities, offering opportunities for investors to capture potential gains. Image: BofA Global Quantitative Strategy
30 Largest Stocks as a Percentage of S&P 500 Market Capitalization The 30 largest stocks account for 53% of the S&P 500’s total market capitalization, raising concerns about the index’s concentration and potential risks. Image: Morgan Stanley Wealth Management
S&P 500 Returns After 20 or More All-Time Highs at Midpoint of the Year Since 1950, when the S&P 500 index has made 20 or more all-time highs by mid-year, the full year has been positive 100% of the time, with an average of 20 new all-time highs in the second half. Image: Carson Investment…
U.S. Dollar to Japanese Yen (USD/JPY) Goldman Sachs has updated its projections for the USD/JPY exchange rate, anticipating the US dollar to reach 155 yen in three months, 155 yen in six months, and 150 yen in 12 months. Image: Goldman Sachs Global Investment Research
Are You More Likely to Increase or Decrease Equity Exposure Over the Coming Days/Weeks? Only 35% of JPM clients are considering increasing their exposure to equities over the coming days/weeks, indicating a cautious sentiment among them. Image: J.P. Morgan