Commodities – S&P 500 Price Index/CRY(B) Index Are commodities a bargain relative to U.S. equities? Historically, commodities tend to underperform inflation over the long run and stocks tend to outperform. Image: Deutsche Bank
ISM Manufacturing vs. S&P 500 Performance More than 90% of the gains in the S&P500 Index have occurred when the ISM Manufacturing Index rises. Image: Alpine Macro
S&P 500 Index Bull Markets (Since WWII) The First Year and the Second Year Historically, the S&P 500 Index tends to add gains in year two of bull markets. Image: LPL Research
Commodities – Relative to S&P 500: GSCI Commodity Index and CRB Continuous Commodity Index Are commodities a good bargain relative to U.S. equities? Image: BCA Research
S&P 500 – Return vs. Volatility Despite above average volatility, the coronavirus pandemic drove strong market gains in 2020. Image: Fidelity Investments
Volatility – Daily S&P 500 Closing Change > 1% or < -1% The S&P 500 Total Return has gained 18.40% in 2020, despite above average volatility. Image: Ken Fisher, Fisher Investments
Cumulative Front Month S&P 500 Futures Returns by Time of Day Gains in S&P 500 futures have occurred after-hours since March lows. Image: Goldman Sachs Global Investment Research
S&P 500 Index – Returns 1 Year and 2 Years After 30% or Greater Decline in Stocks Historically, the S&P 500 Index tends to add gains after the initial rise. Image: LPL Research
Performance of the S&P 500 on the 10 Days Following U.S. Presidential Elections The S&P 500 has gained an average 1.7% on the 10 days following U.S. Presidential elections since 1944. Image: Statista
S&P 500 Monthly Returns Since 1985 More gains to come in Q4? Image: Goldman Sachs Global Investment Research
S&P 500 Correlation with U.S. Real Yield The correlation of the S&P 500 with real yields has been negative for most of this year, but it has turned positive again. Image: Goldman Sachs Global Investment Research