Category: Blog

Velocity of M2 Money Stock in the U.S. vs. The U.S. Deficit The rise in the U.S. deficit has coincided with a collapse in M2 velocity. Image: Real Investment Advice

Real U.S. 10-Year Yield and U.S. Real GDP Growth Will U.S. real yields remain negative despite a strong U.S. economic recovery? Image: BofA Global Research

Private-Equity Stock Performance vs. S&P 500 Thanks to low interest rates, private equity returns are rising. Image: The Wall Street Journal

6-Month S&P 500 Return and 6-Month Change in U.S. 10-Year Yield The risk of a correction in U.S. equities is increasing. Image: Goldman Sachs Global Investment Research

Housing – World Real House Prices Will the latest global housing boom end well? Image: Oxford Economics

Coronavirus – Manufacturing PMI Output Index and COVID-19 Vaccination Rate COVID-19 vaccination rates tend to drive economic growth. Image: IHS Markit

Value Stocks – U.S. 10-Year Treasury Yield and U.S. Value / U.S. Growth Is the value rotation in the U.S. stock market over? Image: Gavekal, Macrobond

90-Day Moving Correlation Between U.S. 10-Year Treasury Bond and FAANGM Stocks Rising bond prices tend to be bullish for FAANGM stocks. Image: Alpine Macro

Performance – Early Cycle Sectors Relative to S&P 500 Should investors continue to underweight early cycle sectors during the mid cycle transition? Image: Morgan Stanley Research

U.S. Stocks – Percentage of All Sell-Side Ratings That Are Buy or Overweight Wall Street analysts are very bullish on U.S. stocks. Image: Financial Times

Households – Global Excess Savings Could excess savings drive global stock markets higher? Image: Goldman Sachs Global Investment Research