S&P 500 Sector Return on Equity vs. Price/Book Valuation The energy and consumer staples sectors are trading at levels below ROE-implied valuations. Image: Goldman Sachs Global Investment Research
Valuation – Distribution of Sector FY2 P/E Ratios Relative to S&P 500 The energy sector’s discount to the S&P 500 suggests potential investment opportunities for those who believe in the energy sector’s long-term growth prospects. Image: Goldman Sachs Global Investment Research
S&P 500 vs. ISM Composite PMI It is common during the late stage of an economic cycle for the S&P 500 to outpace the ISM. Should investors favor defensive stocks, energy and industrials? Image: Morgan Stanley Research
Relative Performance of Prior Bull Market Leader vs. The Next Bull Market Leader Should investors continue to overweight the energy sector over the tech sector? Image: BofA US Equity & Quant Strategy
S&P Sector Valuation Dashboard The S&P energy sector still looks attractive. Image: Goldman Sachs Global Investment Research
Equity Markets – Absolute Net % OW (by Sector), FMS Investors Are healthcare, staples and energy the best sectors to invest in right now? Image: BofA Global Fund Manager Survey
Russian Gas Flows to Northwest Europe How long will the energy crisis last in Europe? Image: BofA Global Research
Sector Valuations Could the energy sector still go higher? Image: Goldman Sachs Global Investment Research
Alerian MLP Index Market Breadth Should investors remain bullish on energy infrastructure stocks? Image: Topdown Charts
Inflation – S&P 500/WTI Could the United States face an energy crisis? Image: Gavekal, Macrobond