S&P 500 and Percent of Stocks at 20-Day Low
S&P 500 and Percent of Stocks at 20-Day Low The number of S&P 500 stocks trading at 20-day lows has increased. Image: Morgan Stanley Wealth Management
Category: Blog
China Credit Impulse and Commodities (Leading Indicator)
China Credit Impulse and Commodities (Leading Indicator) China credit impulse tends to lead commodity prices by 12 months. Image: Nordea and Macrobond
Total Real Return of $1000 Investment with Dollar Cost Average vs. S&P 500 Valuations
Total Real Return of $1000 Investment with Dollar Cost Average vs. S&P 500 Valuations Diversification does not always work and valuations matter. The S&P 500 can take a very long time to recover from a bear market. Image: Real Investment Advice
Drawdowns – Average and Median Percent Change to the Current Month’s Low from the Prior Month’s High in Presidential Cycle Year 1
Drawdowns – Average and Median Percent Change to the Current Month’s Low from the Prior Month’s High in Presidential Cycle Year 1 Drawdowns happen all the time. But historically, October has the most severe S&P 500 drawdowns in Presidential cycle year 1. Image: BofA Global Research
MSCI World Value Index/MSCI World Growth Index vs. Global Agg. Treasuries Index, Yield to Worst
MSCI World Value Index/MSCI World Growth Index vs. Global Agg. Treasuries Index, Yield to Worst Value should outperform Growth and follow the rise in global rates. Image: Morgan Stanley Wealth Management
6-Month or Greater Win Streaks for the S&P 500 Index
6-Month or Greater Win Streaks for the S&P 500 Index 6-month win streaks for the U.S. stock market are quite rare. Can the S&P 500 keep rising after the near 5% correction last month? Image: Real Investment Advice
Oil and Gas – Commodity Price Forecasts
Oil and Gas – Commodity Price Forecasts BofA expects Brent crude oil prices to reach $100/bbl in September 2022. Image: BofA Global Research
ISM New Orders Index and U.S. 10-Year Treasury Yield (Leading Indicator)
ISM New Orders Index and U.S. 10-Year Treasury Yield (Leading Indicator) The U.S. 10-year Treasury yield (24-month change) tends lead ISM new orders by 18 months. Image: Trahan Macro Research
Copper YoY Change vs. ISM New Orders YoY Change
Copper YoY Change vs. ISM New Orders YoY Change ISM new orders trends point to a decline in copper prices. Image: BofA Global Investment Strategy
Commodity Index vs. Russell 1000 Value Index/Russell Growth Index
Commodity Index vs. Russell 1000 Value Index/Russell Growth Index Value should outperform Growth as commodity prices are rising rapidly. Image: Morgan Stanley Wealth Management
U.S. Dollar Smile: Dollar Appreciation and Depreciation
U.S. Dollar Smile: Dollar Appreciation and Depreciation A global synchronized slowdown tends to coincide with a stronger U.S. dollar. Image: Nordea and Macrobond