Category: Blog

Aggregate Commodities – Net Speculative Positions Net speculative positions could suggest a correction in commodities. Image: BCA Research

Small-Cap Stocks – Russell 2000 Relative to the S&P 500 Chart suggesting weaker small caps relative to large caps over the long term. Image: BofA Global Research

U.S. Real GDP vs. Pre-COVID-19 Trend Investors should not expect a quick recovery. Image: J.P. Morgan Asset Management

VIX Index and S&P 500 Index VIX remains at high levels, despite the market rally. More volatility ahead? Image: Creduit Suisse

Cumulative GDP Decline During Recessions in the U.S. The cumulative decline in U.S. GDP is -10.2%. This is one of the deepest recession on record. Image: Oxford Economics

Global EPS Growth and South Korean Exports Chart suggesting that growth in South Korean exports can help forecast global EPS growth over the next 12 months. Image: BofA Global Investment Strategy

Euro to U.S. Dollar (EUR/USD) Net speculative positions could suggest that the euro has more downside. Image: BCA Research

S&P 500 Returns and Real Rates Correlation The correlation between S&P 500 returns and real rates has turned negative. Image: Goldman Sachs Global Investment Research

Japanese Equities At All-Time High Japan’s Nikkei 500 hits record high. Image: BofA Global Investment Strategy

Estimated S&P 500 Valuation Depending on Election Outcome According to Goldman Sachs, a Democratic sweep could lift the S&P 500 Index to 3400 in the near-term, and to 3800 in mid-2021. Image: Goldman Sachs Global Investment Research

Seasonality – Median S&P 500 4Q Return Since 1985 When the S&P500 has returned between 0% to 5% for the first nine months, the median 4Q return has been 9%. Image: Goldman Sachs Global Investment Research