Prediction for U.S. GDP Growth from Q42020 to Q42021

Prediction for U.S. GDP Growth from Q42020 to Q42021 32 leading academic economists do not see significantly higher GDP growth under Donald Trump or Joe Biden, as long as the current control of Congress remains the same. Image: BofA

U.S. Savings Rate

U.S. Savings Rate Will the coronavirus pandemic lead to a permanent increase in the savings rate? Image: J.P. Morgan

U.S. Macro Fundamentals vs. S&P 500

U.S. Macro Fundamentals vs. S&P 500 This chart shows the current wide divergence between U.S. lead indicators and the S&P 500 (R² = 0.97). Image: Pictet Asset Management

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

Cumulative Weekly Money Market Flows by Domicile

Cumulative Weekly Money Market Flows by Domicile Record money market flows in the United States, as the coronavirus pandemic leads to a flight to quality. Image: BofA Global Research

Inflation Assets vs. Deflation Assets

Inflation Assets vs. Deflation Assets The leadership remains deflationary, and the laggards remain inflationary. Deflation assets: government bonds, U.S. investment grade, S&P 500, U.S. consumer discretionary, growth and US high yield. Inflation assets: TIPS, EAFE, U.S. banks, value and cash. Image: BofA Global Investment Strategy