What Do You Think Is Currently the Most Crowded Trade? The “Long Magnificent Seven” trade remains widely considered the most crowded trade among FMS investors. The popularity of these stocks may be attributed to their robust performance and dominant position in the market. Image: BofA Global Fund Manager Survey
U.S. Trade-Weighted Dollar vs. Global Stocks Ex-U.S./U.S. A weak U.S. dollar is generally seen as a tailwind for non-U.S. equities. Image: BCA Research
Trade-Weighted Dollar vs. G10 Citigroup Economic Surprise Index Will the U.S. dollar trend weaker in 2023? Image: BCA Research
Margins – PPI Trade Service Index, Unit Labor Costs and U.S. Core CPI Are margins at risk in 2023? Image: Pantheon Macroeconomics
U.S. Dollar – Deutsche Bank USD Trade Weighted Index Is the U.S. dollar on the way to the moon? Image: The Daily Shot
Germany Foreign Trade Balance Germany recorded its first trade deficit in goods since 1991. Could the euro fall further? Image: BofA Global Investment Strategy
Global Basic Food Trade Dependence by Region Africa is highly dependent on imports of basic food. Image: BofA Global Research
U.S. Dollar Broad Trade Weighted Index Surrounding FED Tightening Cycles Will the U.S. dollar weaken after the Fed starts tightening monetary policy? Image: Deutsche Bank
FedEx vs. World Trade (Leading Indicator) Fedex tends to lead world trade by 6 months. Image: Nordea and Macrobond
Reflation Trade Positioning Indicator Is the reflation trade over? Image: Topdown Charts
Trade-Weighted U.S. Dollar Index and U.S. 30-Year T-Bond Price vs. MSCI All-Country World Will the safe haven U.S. dollar continue to rise amid Delta COVID variant outbreak? Image: BCA Research