S&P 500 and Liquidity

S&P 500 and Liquidity The increase in aggregate U.S. liquidity since the lows of October 2022 has provided a boost to U.S. stocks, playing a significant role in their upward trend. Image: Real Investment Advice

GWIM T-Bill Flows

GWIM T-Bill Flows The fact that BofA’s private clients continue to sell T-bills potentially signals the end of the Treasury bill “bubble.” Image: BofA Global Investment Strategy

GWIM Equity Allocation as % Assets Under Management

GWIM Equity Allocation as % Assets Under Management BofA’s private clients are expressing optimism about the growth potential and expected returns of equity markets, as evidenced by their allocation of 61% of their portfolios to…

Contributions to Year-on-Year Headline CPI Inflation

Contributions to Year-on-Year Headline CPI Inflation The shrinking contributions from shelter and private transportation services are expected to result in a slowdown of U.S. headline CPI inflation, reaching 3% by the end of 2024. Image:…

U.S. Dollar to Japanese Yen (USD/JPY)

U.S. Dollar to Japanese Yen (USD/JPY) Goldman Sachs has updated its projections for the USD/JPY exchange rate, anticipating the U.S. dollar to reach 155 yen in three months, 150 yen in six months, and 145…

U.S. Core CPI Inflation

U.S. Core CPI Inflation BofA expects U.S. core CPI inflation to cool off in March to 0.24% month-on-month, which should give the Fed confidence to begin its cutting cycle in June. Image: BofA Global Research