S&P 500 and Last Hike in Federal Reserve Bank Rate Hiking Cycles The last Fed rate hike is not necessarily bearish for U.S. stocks over the next 12 months. Image: Carson Investment Research
Fed – Rate Hikes at FOMC Meetings When will the Fed stop hiking interest rates? Goldman Sachs expects 75bp additional rate hikes in 2023. Image: Goldman Sachs Global Investment Research
Interest Rates – S&P 500 Index and Federal Reserve Bank Rate Hikes per Year Historically, if the U.S. economy isn’t in a recession, the S&P 500 tends to do well during Fed rate hikes. Image: LPL Research
S&P 500 and the Start of the Federal Reserve’s Last Three Rate-Hike Cycles Should U.S. equity investors really fear rising interest rates? Image: CNBC
When Do You Think the Fed Will Hike Rates? Will the Fed raise rates in January 2023? Image: BofA Global Fund Manager Survey
Break-Even Inflation Rate On 10-Year TIPS and Fed Rate Cut (Hike) If inflation expectations continue to fall or remain low, the Fed could probably cut rates further. Image: Gavekal
Gold Price vs. Market Pricing of 25bp Fed Hikes (Inverted) Gold struggles as energy‑driven inflation keeps Fed rate‑hike risks alive, lifting the dollar and real yields and capping near‑term gains for bullion. Image: Goldman Sachs Global Investment Research
Fed Funds Rate Markets are now pricing in a meaningful chance of a Fed rate hike in 2026, something that looked very unlikely at the start of the year. Image: MarketDesk Research
Interest Rates – Market Pricing for the Number of Fed Rate Cuts Markets have sharply repriced the Fed path. Investors shouldn’t see “no rate cuts before 2027”, but they should recognize that the hurdle for 2026 easing has risen significantly. Cuts aren’t off the table, just harder to justify now. Image: The Daily Shot
U.S. Money Market Fund Assets vs. Federal Funds Effective Rate U.S. money market funds typically experience asset inflows during rate hikes but see outflows approximately 12 months after the Fed initiates rate cuts. Image: Real Investment Advice
Fed Funds vs. VIX Taking into account the lag effect of Fed rate hikes on the U.S. economy, should investors expect the VIX to continue being elevated? Image: Deutsche Bank