S&P 500 Cyclicals vs. Defensives

S&P 500 Cyclicals vs. Defensives Should investors expect temporary inflation spikes during the recovery and favor large tech stocks? Image: BofA Global Research

S&P 500 Correlation with Bond Yields

S&P 500 Correlation with Bond Yields The S&P 500 and U.S. 10-year breakeven inflation have been very positively correlated. Image: Goldman Sachs Global Investment Research

S&P 500 – 1940’s Reflation Analog

S&P 500 – 1940’s Reflation Analog If inflation rises a little and real rates go lower, it could be bullish for stocks. Image: Fidelity Investments

Major Central Bank Balance Sheets

Major Central Bank Balance Sheets JPMorgan expects asset price inflation, as the expansion of global central bank balance sheets could reach $5tn in 2021. Image: Financial Times