Performance – Top 50 Stocks with High Options Volumes vs. S&P 500 Since 2019, stocks with high options volumes have beaten the S&P 500 by a large margin. Image: Goldman Sachs Global Investment Research
U.S. “Labor Shortage” Mentions Hiring is hard right now. Many sectors are experiencing labor shortages. Image: Morgan Stanley Research
Coronavirus – Average Daily COVID-19 Cases per 100K in U.S. Counties, Bucketed by Vaccination Rates Are COVID-19 vaccines effective? On average, new daily COVID-19 cases are higher in U.S. counties with lower vaccination rates. Image: BofA Global Research
Labor Market – NFIB Small Business Jobs Hard to Fill and U.S. Unemployment Rate Are extra unemployment benefits the reason hiring is so hard right now? Image: Capital Economics
Excess Liquid Savings: M2 Trend vs. Actual Could excess liquid savings drive the U.S. stock market higher? Image: BofA Global Research
Real Yield – 10-Year Government Bonds The relationship between global real yields has been limited in recent years. Image: Morgan Stanley Wealth Management
Weekly Flows from Global Investors into European Equity Funds Flows into European equity funds are strong this year. Image: Goldman Sachs Global Investment Research
Ownership of Euro Area Equities The U.S. has become the dominant investor, owning 28% of euro area equities. Image: Goldman Sachs Global Investment Research
U.S. Labor Market and U.S. Output Gap Should investors expect a quick recovery in the U.S. labor market? Image: BCA Research
MSCI ACWI Performance – Real Rates and Inflation Expectations Historically, inflation expectations tend to drive equity performance. Image: Morgan Stanley Wealth Management
U.S. Dollar DXY Index and CPI Inflation (U.S. Less DM Ex-U.S.) Historically, the U.S. dollar tends to fall when U.S. CPI is higher than rest of DM. Image: BCA Research