Category: Blog

Coronavirus – People Wearing Masks in Public All or Most the Time In states with higher rates of mask use, there are fewer symptoms of COVID-19. Image: The Washington Post

Indexed Relative Performance – Strong vs. Weak Balance Sheets Companies with strong balance sheet have outperformed companies with weak balance sheet year-to-date, as companies with weak balance sheet typically invest less. Image: Goldman Sachs Global Investment Research

Percent of S&P 500 Companies Beating Revenue and EPS Estimates To date, 86% of the companies in the S&P 500 have reported actual EPS above estimates. Image: J.P. Morgan Asset Management

China Economic Data China is leading the global economic recovery and is expected to provide a boost to the rest of the world. Image: Morgan Stanley Wealth Management

Cumulative Loss of Value Factor Since Most Recent Peak Value investing is currently suffering its worst run since at least 1826. Image: Financial Times

U.S. 10-Year Treasury Fair Value Adjusted for QE A potential “blue wave” could add fuel to the bear steepening in the U.S. Treasury curve. Image: Oxford Economics

U.S. Elections – Polls and Prediction Markets The odds of a “blue wave” of Democrat victories in November are rising. Image: Goldman Sachs Global Investment Research

Coronavirus – Hospitalisations Due to COVID-19 So far, hospitalizations remain below record highs, despite the increase of new COVID-19 infection cases. Image: Deutsche Bank

Valuation – U.S. vs. World ex-U.S. P/E Ratio Since 1969 The U.S. vs. World ex-U.S. P/E ratio remains at high level and well above its historical average. Image: BofA US Equity & Quant Strategy

Number of Consecutive Months with Real Yield and Breakeven Rates Moving in Opposite Directions Real yield and breakeven rates have started to move higher together. Image: Goldman Sachs Global Investment Research

U.S. Housing Market and 30-Year Mortgage Rate Mortgage rates hit new low, contributed to the boom in the U.S. housing market. Image: BCA Research