Real Yield – 10-Year Government Bonds

Real Yield – 10-Year Government Bonds The relationship between global real yields has been limited in recent years. Image: Morgan Stanley Wealth Management

Sentiment – U.S. Composite Put/Call Ratio

Sentiment – U.S. Composite Put/Call Ratio The U.S. put/call ratio continues to trade at relatively low levels, suggesting extreme complacency. Image: Morgan Stanley Wealth Management

U.S. Economic Surprise Index

U.S. Economic Surprise Index Economic surprises tend to align with equity market movements. Image: Morgan Stanley Wealth Management