Seasonality – Historical Average Performance of Europe Stoxx 600 Index So far, the Europe Stoxx 600 Index has not moved in line with its seasonal pattern. Image: BofA European Equity Quant Strategy
Interest Rates – Fed Funds Rate, Historical Forward Pricing and Forecast Are markets underpricing Fed rate hikes in 2023? Image: BofA Global Research
Bank Credit Default Swaps Should investors worry that bank credit default swaps (CDS) have risen sharply recently? Image: Topdown Charts
Asset Price Inflation and “Real Economy” Inflation Gold performed well during the 1973-1983 decade. Image: Goldman Sachs Global Investment Research
S&P 500 Price Index Drawdown from All-Time Highs Drawdowns happen all the time and don’t have a precise time to start or end. Image: Morgan Stanley Research
S&P 500 Index Performance During Periods of Multiples Fed Rate Hikes Historically, Fed rate hikes cycles are not a threat to the S&P 500 Index. Image: LPL Research
Do You Think Global Equity Markets Will Experience a Bear Market? Most FMS investors expect that global equity markets will experience a bear market this year. Image: BofA Global Fund Manager Survey
Share of Bitcoin in Total Crypto Market Capitalization Will Bitcoin’s share of the total crypto market capitalization continue to fall? Image: J.P. Morgan
Stocks – Net % Say Large Caps Will Beat Small Caps (FMS Investors) Will large caps beat small caps? Image: BofA Global Fund Manager Survey
FMS Investors – U.S. ISM Index YoY vs. Net % Expecting Stronger Economy Will the U.S. ISM index drop below 50 in 2022Q2 ? Image: BofA Global Fund Manager Survey
Oil Price Relative to U.S. Personal Disposable Income The impact of the recent oil surge, adjusted for U.S. personal incomes, is much smaller than that of previous oil shocks. Image: Alpine Macro