Tech/Telecom/Healthcare vs. Financials/Energy/Materials as % of Global Equities Should long-term investors consider buying the dip in sectors such as Financials, Energy, or Materials? Image: BofA Global Investment Strategy
Healthcare Flows Inflows to healthcare are strong. Should investors consider sticking with healthcare funds? Image: BofA Global Investment Strategy
Performance – World Technology vs. Healthcare Is it the end of the FAANG bubble? Image: BCA Research
Tech + Healthcare Flows Outflows from tech and healthcare persist. Image: BofA Global Investment Strategy
Tech and Healthcare Flows Where the money is flowing? Into tech and healthcare funds, so far. Image: BofA Global Investment Strategy
Performance of S&P 500 Index Around Global Health Emergencies Historically, market reactions to previous major health scares have shown short-term volatility, but no disruptions over an extended period of time. Image: Ned Davis Research
Median Stock Short Interest as Share of Market Capitalization While the S&P 500’s median short interest is currently low by historical standards, Consumer Staples, Utilities, and Health Care sectors are notable exceptions, showing elevated short interest compared to their 30-year historical averages. Image: Goldman Sachs Global Investment Research
Median Quarterly Excess Return in Stagflationary Periods Health care and energy tend to outperform in stagflationary environments. Image: Goldman Sachs Global Investment Research
S&P 500 2021E Sector Return on Equity (ROE) vs. Price/Book Valuation Are health care and consumer staples among the sectors that show promise this year? Image: Goldman Sachs Global Investment Research
Sector Implied Volatility Spread vs. S&P 500 More volatility to come for health care? Image: Goldman Sachs Global Investment Research
Zombie Companies – U.S. Zombie Stocks by Sectors This chart shows the rise of zombie stocks in the health care and technology sectors after 2000. Image: FactorResearch