Emerging Markets Debt Yield

Emerging Markets Debt Yield The cost of servicing emerging markets debt denominated in U.S. dollars has fallen to almost 4%, thanks to global central bank liquidity and the weakening of the U.S. dollar. Image: Morgan Stanley Wealth Management

S&P 500 at 3000 and U.S. Government Spending as % of GDP

S&P 500 at 3000 and U.S. Government Spending as % of GDP According to BofA, maximum government spending, maximum liquidity and the current fiscal stimulus explain why the S&P 500 is at 3,000. Image: BofA Research Investment Committee

Gold, U.S. Trade Weighted Dollar and S&P 500

Gold, U.S. Trade Weighted Dollar and S&P 500 In 2008, gold outperperformed after the Fed stepped in and removed liquidity constraints. Image: Goldman Sachs Global Investment Research

Bank Reserves and S&P 500

Bank Reserves and S&P 500 J.P. Morgan suggests that Fed-injected liquidity is not the reason for the rise in the valuation of risk assets. Image: J.P. Morgan

U.S. Commercial and Industrial Loans Outstanding

U.S. Commercial and Industrial Loans Outstanding Business loan growth is slowing down, despite Fed easing. Currently, liquidity is going into the financial markets, but not into the real economy. Image: Pictet Wealth Management

S&P 500 Trading Volume

S&P 500 Trading Volume The decline in trading volume of the S&P 500 could pose risks for investors during the next selloff due to the lack of liquidity. Image: MarketWatch