AAII U.S. Investor Sentiment Bull – Bear Spread The AAII US investor sentiment bull-bear spread indicates a shift towards a more cautious outlook, reflecting a decline in bullish sentiment and a rise in bearish sentiment among individual investors. Image: The Daily Shot
U.S. IG Credit Spread U.S. investment-grade credit spreads have reached their lowest point since 2005, reflecting growing investor sentiment and confidence in future economic conditions. Image: Deutsche Bank
Spread Between BBB-Rated Corporate Bond Yield and 90-Day U.S. Treasury Bill Yield The recent increase in the spread between IG credit yield and cash yield marks a significant shift from a 43-year low. Should investors favor U.S. Treasury bills over IG bonds? Image: BofA Global Investment Strategy
High-Yield (HY) Spread USD Goldman Sachs forecasts a favorable high-yield bond market over the next 12 months, anticipating tighter spreads as a result of robust economic conditions and optimistic investor sentiment. Image: Goldman Sachs Global Investment Research
S&P 500 Index and Yield Spread (A-Rated vs. Junk Bonds) When yield spreads between A-rated and junk bonds widen, the S&P 500 tends to fall. Therefore, it serves as a crucial leading indicator to closely monitor. Image: Real Investment Advice
Investment Grade (IG) Spread According to Goldman Sachs, Investment Grade (IG) spreads are expected to remain virtually unchanged over the next 12 months. Image: Goldman Sachs Global Investment Research
U.S. High Yield Credit Spreads vs. VIX Low high-yield credit spreads and a low VIX may suggest market positivity, but the lack of fear or volatility can paradoxically create a sense of complacency among investors, causing them to overlook potential risks. Image: Topdown Charts
U.S. Investement Grade Corporate Bond Spreads Will U.S. Investment Grade corporate bond spreads remain unchanged for an extended period? Image: BofA Global Investment Strategy
AAII Investor Sentiment Bull Minus Bear Spread The AAII investor sentiment bull minus bear spread, which is in the 91th percentile, raises legitimate concerns that the market may be overheating. Image: Deutsche Bank Asset Allocation
Correlation Between AAII Bull-Bear Spread and S&P 500 Returns The AAII bull-bear spread may not necessarily be a reliable predictor of future S&P 500 returns. Image: BofA US Equity & Quant Strategy
GAAP Earnings vs. PPI to CPI Spread The PPI to CPI spread suggests that there could be ongoing pressure on earnings. Image: Real Investment Advice