Search Results for: strategy

Tech Fund Flows (6-Week Cumulative) Record inflows to tech past 6 weeks, as investors expect the tech sector to continue to outperform. Image: BofA Global Investment Strategy

Valuation – the Ratio of S&P 500 Market Capitalization vs. M2 Money Supply What’s priced in? Currently, the S&P 500 trades well above the post-crisis valuation vs. M2 money supply. Image: BofA US Equity & Quant Strategy

GWIM Flows to Cash BofA’s private clients are drawing down large amounts of cash. Image: BofA Global Investment Strategy

S&P 500 Foreign Sales % by Year The S&P 500 is more global than 2-3 decades ago, as 30% of S&P 500 sales come from overseas. Image: BofA US Equity & Quant Strategy

Weekly Global Equity Flows Global equity inflows remain very strong. Image: BofA Global Investment Strategy

The Last Oil Supercycle and Its Drivers Should investors expect the start of a new supercycle in oil? Image: J.P. Morgan Quantitative and Derivative Strategy

Rolling 10-Year Correlation of Real S&P 500 EPS Growth vs. Real U.S. and Global GDP Growth Real S&P 500 EPS growth tends to be more correlated to global than U.S. GDP growth. Image: BofA US Equity & Quant Strategy

Performance – Dividend Yield Secure yield tends to outperform in the long run. Image: BofA US Equity & Quant Strategy

Percent of S&P 500 Stocks with a Dividend Yield Above Stated Levels vs. 10-Year Treasury Yield If the 10-year yield rises to 1.75% by year-end, only 44% of S&P 500 stocks will have a dividend yield higher than the 10-year Treasury yield. Image: BofA US Equity & Quant Strategy

S&P 500 Dividend Yield Divided by 10-Year Treasury The S&P 500 dividend yield could be less attractive relative to the 10-year Treasury, if the 10-year yield rises to 1.75% by year-end. Image: BofA US Equity & Quant Strategy