Search Results for: negative rate

Euro Area Banks Relative Valuation The relative valuation of euro area banks is still below the levels of the financial crisis, due to falling interest rates and negative rates in Europe. Image: Bloomberg

S&P 500 Index and Blended Forward EPS Citigroup strategists raised their year-end S&P 500 target to 6,600 points, up from 6,300, expecting that tax cuts introduced in July 2025 will counterbalance the negative impact of tariffs on U.S. companies. Image: Bloomberg

Probability of U.S. Recession The rise in the one-year recession probability based on the S&P 500 and BBB spread is seen as a negative sign, highlighting economic risks that could affect market sentiment and change investment strategies. Image: J.P. Morgan

Bank Loan Flows The largest outflow from bank loan funds since March 2020 can be seen as a negative development and reflects negative investor sentiment. Image: BofA Global Investment Strategy

U.S. Federal Debt Held by the Public The projected ballooning of the U.S. federal debt by 2050 could have negative impacts on the U.S. economy, with more interest payments, limited resources, and potential constraints on growth and government responsiveness. Image: BofA Global Investment Strategy

Valuation – S&P 500 Forward P/E and U.S. 10-Year U.S. TIPS Yield The S&P 500 forward P/E multiple tends to be negatively impacted by higher real interest rates. Image: The Daily Shot

S&P 500 Daily Returns vs. U.S. 2-Year Daily Changes Will the negative correlation between moves in the S&P 500 and moves in rates persist? Image: Goldman Sachs Global Investment Research

Real U.S. Average Hourly Earnings and Recessions Is a recession likely in the United States if real wage growth remains negative by summer? Image: BofA Global Investment Strategy

Global Equities – MSCI ACWI vs. ISM New Orders ISM new orders could suggest negative global equity returns. Image: BofA Global Investment Strategy

NY Empire Manufacturing Survey vs. S&P 500 YoY The NY Empire Manufacturing Survey turns negative. This does not bode well for the S&P 500. Image: BofA Global Investment Strategy

S&P 500 Real Earnings Yield Historically, negative real earnings yields tend to be bearish for U.S. stocks due to policy response. Image: BofA Global Investment Strategy