S&P 500 and % of Stocks Above their 200-Day Moving Average More than 90% of S&P 500 stocks are trading above their 50-day moving average, but just 47% are above their 200-day moving average today. This chart suggests there’s room for improvement. Image: Scotiabank GBM Portfolio Strategy
Ratio of Mega-Cap Growth Stocks to the Rest of S&P 500 The rise in price of mega-cap growth stocks suggests that the earnings acceleration appears fully priced in. Image: Deutsche Bank Asset Allocation
U.S. Unemployment Rate and Inequality: African Americans vs. Whites This chart highlights the large gap between the African Americans and whites unemployment rates in the United States. Image: Financial Times
How Far is Consumer Activity from Normal in the U.S.? This chart suggests that U.S. consumer activity is gradually recovering. Image: Arbor Research & Trading LLC
Flows – IG Bond Funds/ETFs and Prime Money Market Funds From record outflows to large inflows, the Fed has solved the liquidity crisis so far. Image: BofA Global Research
S&P 500 Max Drawdown in Recession and % of Drawdown Recovered by Recession End The S&P 500 recovery is the second most recovery of all recessions since 1929, even if the current recession ended today. Image: BofA Global Research
Global Recession Could the global recession last a long time? Image: Oxford Economics
U.S. Housing Sales U.S. housing sales are recovering from coronavirus, as builders have been reporting stronger demand. Image: Gavekal, Macrobond
Citi Economic Surprise Index and 10-Year Treasury Note Yield Are bonds risky? The Citi Economic Surprise Index suggests that bond yields could rise. Image: Renaissance Macro Research
Mega-Cap Growth Stocks vs. S&P 500 This chart highlights the outperformance YTD of mega-cap growth stocks vs. the S&P 500. Image: Deutsche Bank Asset Allocation
Cash as % of U.S. Equity Market Capitalization Investors are confused, as there is a lot of cash on the sideline, despite the market rally. Image: Alpine Macro