Valuation – 12-Month Forward P/E Ranges (MSCI Regions) While the U.S. stock market has shown impressive performance, the substantial divergence between current valuations and historical averages prompts critical questions regarding its long-term sustainability. Image: Goldman Sachs Global Investment Research
Cumulative Global Equity Fund Flows Across Regions In 2024, U.S. equities have seen notable inflows, indicating a resurgence of investor confidence despite ongoing concerns about valuations. Image: Goldman Sachs Global Investment Research
Performance – Regional Banks vs. Large Banks Would investors be better served by focusing on quality large bank names rather than trying to find value in the regional banking sector at this time? Image: BofA Global Investment Strategy
Performance – S&P Regional Banks Index vs. S&P 500 Regional banks and the equal-weighted S&P 500 have recently reached new relative lows, a concerning trend in the financial market. This trend is noteworthy given the recent S&P 500 performance. Image: Morgan Stanley Research
Cumulative Inflows to Equities by Region Will outflows from european equities persist? Image: BofA Global Investment Strategy
Cumulative Flows into Equity by Regions Flows into U.S. equities remain strong. Image: Goldman Sachs Global Investment Research
60/40 Equity/Bond Portfolio Performance Across Regions Will the 60/40 portfolio make a comeback eventually? Image: Goldman Sachs Global Investment Research
ISM Manufacturing Index and Regional Manufacturing Surveys Regional manufacturing surveys do not bode well for the ISM Manufacturing Index. Image: True Insights
Global Basic Food Trade Dependence by Region Africa is highly dependent on imports of basic food. Image: BofA Global Research
Within Global Equities, Express Your View Across Different Regions Advisors remain bullish on U.S. equities. Image: BofA US Equity & Quant Strategy
China – Total CO2 Emissions by Region China’s CO2 emissions continue to rise. Will China be carbon neutral by 2060? Image: Gavekal, Macrobond