Category: Blog

Eurozone Equity Markets Eurozone equity markets could be in for pain if euro rally continues. Image: Gavekal, Macrobond

S&P 500 Options – S&P 500 3325-Strike Put Implied Volatility S&P 500 options reflect the possibility that the U.S. election results may be finalized with a delay. Image: Goldman Sachs Global Investment Research

Long-Only Fund Managers’ Aggregate Relative Weight in FANG Stocks This chart shows how crowed FANG stocks are. Image: BofA US Equity & Quant Strategy

Coronavirus Vaccine in the U.S. A vaccine for Covid-19 will accelerate the path to economic normalization. Image: Goldman Sachs Global Investment Research

U.S. Elections – Pre-election Equity Performance vs. Average Chart showing how the U.S. stock market has performed before and after presidential elections (“Closely contested” is defined as the margin of popular vote being below average). Image: Morgan Stanley Research

S&P 500 (SPY ETF) and Barrels of Oil The long stocks/short oil trade has been a winning strategy since 2008. Image: BofA Global Investment Strategy

Gold vs. U.S. 10-Year Treasury Is the U.S. dollar debasement a myth? What really matters for gold are real interest rates. Image: BofA Global Research

Performance – Russell 1000 Value/Growth Month Returns This month sees the strongest outperformance in small cap value since the 2000s (September return projected to month end). Image: BofA Global Investment Strategy

Correlation with Vaccine Optimism (Value, Defensives, S&P 500, Cyclicals and Growth) Value could outperform as vaccine optimism increases. Image: Goldman Sachs Global Investment Research

COVID-19 Lockdown Portfolio vs. COVID-19 Reopening Portfolio (Coronavirus) Since January 2020, the COVID-19 “lockdown portfolio” has outperformed the COVID-19 “reopening portfolio.” Image: BofA Global Investment Strategy

Tech Inflows Investors continue to rush into tech, despite the growing concerns of a potential bubble forming in the tech sector. Image: BofA Global Investment Strategy