S&P 500 and Past Global Recoveries

S&P 500 and Past Global Recoveries This chart compares the S&P 500’s recent rally with past global recoveries. Image: Arbor Research & Trading LLC

S&P 500 and Average Bull Markets

S&P 500 and Average Bull Markets Chart showing the current S&P 500 rally compared to average bull markets since 1950. Image: The Leuthold Group

S&P 500 Index vs. U.S. High Yield Bond Spread

S&P 500 Index vs. U.S. High Bond Yield Spread Chart showing the current divergence between U.S. equities and high yield bond spreads, while they are generally correlated. Image: Jeroen Blokland

Russel 2000 and Unprofitable Small Caps

Russel 2000 and Unprofitable Small Caps The proportion of small caps that are unprofitable has climbed to nearly 30%. This level is generally only observed during recessions. Image: BofA Merrill Lynch Global Research

Liquidity Premium and IG Bonds

Liquidity Premium and IG Bonds The spread between low liquid and high liquid IG bonds is widening, despite the rally and the belief of an improvement in US-China trade tensions. Image: Goldman Sachs Global Investment Research