Search Results for: strategy

S&P 500 2020 Target Models BofAML is bullish. The official S&P 500 2020 estimate is 3,300. Image: BofA Merrill Lynch US Equity & US Quant Strategy

U.S. Domiciled Funds: Active vs. Passive Record passive inflows suggest passive equity funds will surpass active in the coming years. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Rotation from U.S. Stocks to Rest-of-World The rotation from U.S. stocks to cheaper global stocks continues, reaching $123 billion recently. Image: BofA Merrill Lynch Global Investment Strategy

Global Debt by Sector and Recession Risk With global growth slowing, this chart suggests that the biggest recession risk is corporate deleveraging. Image: BofA Merrill Lynch Global Investment Strategy

Global Flows YTD Chart showing a record bond inflows and equity outflows this year. Image: BofA Merrill Lynch Global Investment Strategy

New Orders to Inventory Ratio Leads Global Manufacturing PMI Chart suggesting that the new orders to inventory ratio leads global manufacturing PMI by 2 months. Image: BofA Merrill Lynch Global Investment Strategy

Share of Central Banks Cutting Rates More than 60% of the world’s central banks are easing, while the U.S. stock market is at an all-time high. Image: NBF Economics and Strategy

Gold and Silver Weekly Fund Flows This is the biggest outflows from gold since December 2016, as a more positive global outlook drives optimism. Image: BofA Merrill Lynch Global Investment Strategy

BofAML U.S. Regime Indicator The BofAML’s U.S. regime indicator suggests that the “early cycle” is coming soon, and value typically outperforms. Image: BofA Merrill Lynch US Equity & US Quant Strategy

Probability of U.S. Recession in 12 Months Based on the Slope of the Yield Curve The yield curve slope suggests odds of a recession in the next 12 months at less than 30% in the U.S., and the continuation of economic expansion. Image: NBF Economics and Strategy