China as % of EM Market Capitalization

China as % of EM Market Capitalization China alone accounts for 42% of the EM equity index, a level never seen before for a single country. Image: BofA Global Investment Strategy

S&P 500 Futures Market Liquidity

S&P 500 Futures Market Liquidity Liquidity in U.S. equity collapsed in early 2018 and remains at low levels. Lack of liquidity tends to lead to violent market moves. Image: Goldman Sachs Global Investment Research

S&P 500 Index and Total Return to Gold Ratio

S&P 500 Index and Total Return to Gold Ratio According to BofA, the gold to equity ratio is elevated given the earnings uncertainty, but it is far from historical highs. Image: BofA Global Research

S&P 500 Performance After 20% Declines Since 1980

S&P 500 Performance After 20% Declines Since 1980 Goldman Sachs chief U.S. equity strategist, predicts that the S&P 500 will fall to 2,000 and rally to around 3,000 by the end the year. Image: Goldman Sachs Global Investment Research

U.S. Fund Flows Cumulative Since 2018

U.S. Fund Flows Cumulative Since 2018 Fear of a recession has led to a record equity outflows and bond & cash inflows in recent years. Image: Goldman Sachs Global Investment Research