Estimated Impact on Consensus 2022 EPS of Global 15% Minimum Tax Rate Wall Street should not fear a global minimum corporate tax rate of 15%. Image: Goldman Sachs Global Investment Research
New York Fed Probability of U.S. Recession and Negative GDP Growth The likelihood of a U.S. recession in the next 12-months is very low. Image: Richardson Wealth
Tech vs. Corporate IG Bond Fund Cumulative Flows Should investors dump tech stocks in favor of cyclical stocks? Image: BofA Global Investment Strategy
Tech – S&P 500 Consensus 2021 Sales Growth vs. 2019 by Sector Will tech benefit from a permanent shift in behavior from the pandemic? Image: BofA US Equity & Quant Strategy
Inflation – U.S. Core CPI Forecast What impact will rising inflation have on the U.S. stock market? Image: Financial Times
WTI Oil Price and U.S. Oil Rig Count Rising oil prices tend to lead to an increase in rig counts. Image: Alpine Macro
Annualized Rate of PCE Price Inflation Is the rise in inflation transitory or more structural? Image: Morgan Stanley Wealth Management
Value vs. Growth – Forward P/E Ratios Value stocks still look cheap relative to growth stocks, despite the recent strength in value stocks. Image: J.P. Morgan Asset Management
S&P 500 NTM Earnings Yield Gap – Earnings Yield Gap vs. Inflation and U.S. Treasury Yield The earnings yield gap vs. U.S. 10-year Treasury yield is low, but still above its long-term average. Image: Goldman Sachs Global Investment Research
Small Cap vs. Large Cap Correlation with US 10-Year Breakeven When inflation expectations rise, small-caps tend to outperform large caps. Image: BofA Global Investment Strategy
U.S. Wage Inflation – Average Hourly Earnings: Leisure and Hospitality Wage inflation is building in the service industry in a context of labor shortages. Image: BofA Global Research