Category: Blog

S&P 500 Value and Growth Relative to S&P 500 Growth stocks continue to outperform value stocks year-to-date. Image: Morgan Stanley Research

S&P 500 and EPS Forecasts Morgan Stanley is bullish and expects a V-shaped recovery. Image: Morgan Stanley Research

Increase in Real U.S. GDP during First Year of Recovery vs. Decrease in Real U.S. GDP during Recession The deeper the fall in U.S. GDP, the faster the rebound. Image: BCA Research

S&P 500 Today vs. S&P 500 in 2009 Chart suggesting that the market is following the 2009 pattern. Image: Morgan Stanley Research

S&P 500 and Chicago Fed National Financial Conditions Index Fed financial conditions continue to improve, which is historically bullish for U.S. equities. Image: BofA Global Research

Seasonality – S&P 500 1-Month & Percentage of Time Up If you “sell in May and go away”, you could miss a summer rally, as June-August is historically the second best 3-month period. Image: BofA Global Research

Gold vs. S&P 500 and Inflation Gold is considered to be a hedge against inflation and tends to outperform equities in environments when inflation gets above trend. Image: Goldman Sachs Global Investment Research

Farrell Sentiment vs. S&P 500 The Farrell Sentiment is contrarian bullish, even after a 30%+ rally in the S&P 500. Image: BofA Global Research

Fed’s Credit Lending Facilities Only a fraction of Fed’s emergency lending facilities has been deployed so far. Image: Oxford Economics

G4 Unemployment Rate The G4 unemployment rate is expected to peak at 9% in 2020:Q4. Image: Morgan Stanley Research

Corporate Bonds – Share of Market Value in Bloomberg Barclays USD IG (AAA, AA, A, BBB) Credit quality is deteriorating, as the amount of BBB-rated bonds, one step away from junk bonds, has doubled since 1990. Image: Deutsche Bank Global Research