Category: Blog

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

Low Interest Rates and Equity Valuation Low levels of interest rates help to explain the U.S. stock market valuation. Image: MarketDesk Research

Japanese Equities, Ex-Financials, Since 1980 Japanese equities, ex-financials, have had a very honorable past decade. Are Japanese equities still a good bet? Image: Gavekal, Macrobond

Valuation – Tesla and Market Capitalization of Select Auto Manufacturers Tesla’s market capitalization is higher than the world’s top seven car manufacturers combined. How long can it last? Image: Axios

Seasonality – S&P 500 Performance in Last 10 Trading Days of a Year: 1945 – 2020 Historically, the last 10 trading days of the year tend to be positive for the U.S. stock market. Image: Bespoke Investment Group