S&P 500 Real Earnings Yield

S&P 500 Real Earnings Yield Historically, negative real earnings yields tend to be bearish for U.S. stocks due to policy response. Image: BofA Global Investment Strategy

Bitcoin Trend Line

Bitcoin Trend Line Bitcoin price chart turns bearish. Image: Bloomberg

U.S. Dollar and 200-Day Moving Average

U.S. Dollar and 200-Day Moving Average The DXY dollar’s current position well below its 200-day moving average marks a rare bearish phase, the likes of which have not been seen in two decades, signaling a challenging environment for the U.S. dollar in the near term. Image: Bloomberg

S&P 500 and Investment Grade Bonds

S&P 500 and Investment Grade Bonds The divergence between investment grade bonds and the S&P 500 tends to be a bearish signal for the S&P 500. Image: BofA Global Research

Inflation – S&P 500 and the CPI YoY Index

Inflation – S&P 500 and the CPI YoY Index The secular chart could suggest a late 1950s pattern. Rising inflation is not necessarily bearish for the S&P 500. Image: BofA Global Research Click the Image to Enlarge