Survey – Do You Think There Will Be An Equity Correction Before Year-End? Should investors expect a 5-10% S&P 500 correction in 4Q21? Is the consensus right or wrong? Image: Deutsche Bank Research
Valuation – S&P 500 Sectors LTM P/E Current valuations appear to be high across most sectors of the S&P 500. Are they justified? Image: Deutsche Bank Asset Allocation
Retail Trading – Single Stocks Call Volume Will retail trading remain at a high level? Image: Deutsche Bank Asset Allocation
Growth Stocks – One-Year Correlation: 10-Year US Treasury Yield/MSCI Value Index vs. 10-Year US Treasury Yield/MSCI Growth Index U.S growth stocks are currently highly correlated with U.S. bond yields, as they were during the dotcom bubble. Image: Morgan Stanley Wealth Management
Difference Between Number of Jobs Available and Number of Unemployed Americans vs. Annualized Wage Growth U.S. wage growth is expected to remain strong in the short run. Image: J.P. Morgan Asset Management
Equity Risk Premium – 12-Month Forward Earnings Yield Minus Real 10-Year Government Bond Yield The Equity Risk Premium has increased over the last few months. Image: BCA Research
Valuation – S&P 500 EV to EBIT Are U.S. equities expensive? The S&P 500’s Enterprise Value to EBIT is still above Tech bubble highs. Image: Deutsche Bank Asset Allocation
Inflation Expectations – U.S. 10-Year TIPS Breakeven So far, the U.S. 10-year TIPS breakeven continues to follow the historical pattern after global recoveries. Image: Arbor Research & Trading LLC
U.S. 10-Year Yields and U.S. Dollar – Reaction to Global Recoveries Since 1970 So far, the U.S. 10-year yield and the U.S. dollar continue to follow the historical pattern after global recoveries. Image: Arbor Research & Trading LLC
China – Chinese Stocks Selloff Is the China stock selloff over? Image: Alpine Macro
World Oil Consumption and World Real GDP Global oil consumption remains on the rise, despite the coronavirus pandemic. Image: Alpine Macro