Net Global Central Bank Hikes/Cuts

Net Global Central Bank Hikes/Cuts Global central banks haven’t cut this much since the Great Financial Crisis. Image: BofA Merrill Lynch Global Investment Strategy

S&P 500 Earnings vs. Fed Funds

S&P 500 Earnings vs. Fed Funds Historically, Fed rate hikes tend to negatively affect S&P 500 earnings. Image: Real Investment Advice

Fed Funds vs. Employment/Population + Inflation

Fed Funds vs. Employment/Population + Inflation This chart suggests the optimal monetary policy, while Fed officials do not anticipate any rate hikes until 2022. Image: Oxford Economics