U.S. Dollar and U.S. Equity Relative to Developed Non-U.S. Historically, the U.S. dollar’s weakness has coincided with the outperformance of non-U.S. stocks relative to U.S. stocks. Image: Financial Times
Global Value Stocks Relative to Growth Stocks Is it time for investors to favor value stocks vs. growth stocks? Image: Financial Times
Major Central Bank Balance Sheets JPMorgan expects asset price inflation, as the expansion of global central bank balance sheets could reach $5tn in 2021. Image: Financial Times
Share of Various Bonds Outstanding in Global Bond Market by their Yields More than 70% of global bonds have a yield below 1%. Image: Deutsche Bank
Price of Gold Since 1790 This chart puts into perspective the price of gold since 1790. Image: BofA Global Investment Strategy
History of Oil Prices This chart highlights the rise and fall of oil prices since 1861. Image: Goldman Sachs Global Investment Research Click the Image to Enlarge
U.S. 30-Year Government Bond Yield and Russell 2000 Relative to S&P 500 As the chart suggests, U.S. 30-year yields are likely to increase further. Image: BCA Research
Seasonality – Santa Claus Rally and S&P 500 Returns A bullish Santa Claus rally tends to bode well for January and the full year. Image: LPL Research
Small-Cap Stocks – Russell 2000 and 200-Day Moving Average There is a lot of optimism built into small-caps. Image: Strategas Research Partners
Russell 2000/Nasdaq 100 and Real U.S. 10-Year Yields This chart highlights the current divergence between real U.S. 10-year yields and the Russell 2000 relative to the Nasdaq 100. Image: Morgan Stanley Research
Coronavirus – Percent of Population With Natural Immunity on December 20 The proportion of the U.S. population with natural immunity from COVID-19 is estimated at 26%. Image: Goldman Sachs Global Investment Research