Sector Composition of the S&P 500 by Equity Capitalization as of March 31, 2020 Chart showing the evolution of S&P 500 sectors over time. Image: Goldman Sachs Global Investment Research
U.S. Stocks – The Cost of Market Timing This chart shows the impact on performance over time, when investors attempt to time the market. Image: Legg Mason
U.S. Bank Loans On the positive side, U.S. banks have significantly increased lending. Image: BofA Global Investment Strategy
Coronavirus Jobless Claims at Recession Levels The 16.8 million unemployment claims in the past three weeks, are on par with past months-long recessions Image: CNBC
U.S. Unemployment Rate Forecast J.P. Morgan expects the U.S. unemployment rate to rise to 20% next month. Image: J.P. Morgan
U.S. Economic Impact of the Coronavirus Pandemic – Republicans vs. Democrats Republicans are more concerned about the impact of the coronavirus pandemic on the U.S. economy than Democrats. Image: Financial Times
A Basket of Inflation Expectations The Fed’s unlimited quantitative easing program lifts inflation expectations, limiting the expansionary effects of negative interest rates. Image: Gavekal, Macrobond
S&P 500 – Weekly Equity Fund Flow Unusual weekly equity fund outflows increase the likelihood of a positive return over the next 1 to 12 months. Image: Sentimentrader
Projected U.S. GDP Growth This chart suggests some mix of U and L-shaped recovery in the U.S. economy. Image: BofA Global Research
U.S. Inflation – Probability Headline CPI Exceeds 2.0% YoY U.S. inflation expectations are rebounding for the first time this year. Image: Arbor Research & Trading LLC
Dow Jones Over Next 250 Sessions Following 20%+ Rise Following a 20%+ rally, the Dow Jones was up by 15.2% on average over the next 250 sessions (one year). Image: Of Dollars And Data