Valuation – FY2 P/E Premium of Growth vs. Value

Valuation – FY2 P/E Premium of Growth vs. Value The valuation spread between Growth and Value is still well above its long-term average. Image: Goldman Sachs Global Investment Research

S&P 500 Equity Risk Premium (Using Breakevens)

S&P 500 Equity Risk Premium (Using Breakevens) The S&P 500 equity risk premium remains much lower than it was in March 2020. Is a drawdown on the horizon? Image: Morgan Stanley Research

Global Equity Risk Premium

Global Equity Risk Premium The global equity risk premium does not show a high excess equity return over global government bonds. Image: BofA Global Investment Strategy

S&P 500 Equity Risk Premium and Long-Term Average

S&P 500 Equity Risk Premium and Long-Term Average The S&P 500 equity risk premium is slightly higher than the long-term average of 280 bps, but well below the 436 bps average since the Great Financial Crisis. Image: Morgan Stanley Wealth Management