S&P 500 and Equity Fund & ETF Flows Despite a record equity outflows, the U.S. stock market is up this year. Image: Fidelity Investments

FTSE Renaissance Global IPO Index and MSCI ACWI Index This chart shows that global IPOs overall have performed similarly with the overall global equity market. Image: Wells Fargo Investment Institute

Valuation – Relative P/E High vs. Low Dividend Yield Stocks This chart suggests that stocks that pay large dividends haven’t been so cheap since around 1980, relative to low dividend yield stocks. Image: Goldman Sachs…

House Prices Around Europe Chart showing house prices around Europe since the Great Financial Crisis. House prices in Norway and Sweden have been on a high rising trend. Image: Jeroen Blokland

World Equities and U.S. 10-Year Treasury Yield Chart suggesting that the round trip in U.S. Treasury yields explains the round trip in stock market valuation. Image: Financial Times

Percentage Contribution of Returns Between Dividends, Earnings and Valuation Since the beginning of the year, the multiple expansion explains the majority of returns in equities around the world. Image: Goldman Sachs Global Investment Research

Long-Term U.S. Dollar Cycles This chart shows bear and bull cycles in the U.S. dollar. Will the U.S. dollar enter a bear market? Image: Alpine Macro

Steepness of VIX Curve vs. S&P 500 This chart suggests a warning sign for the S&P 500. Image: Longview Economics

S&P 500 Forecast for 2020 Goldman Sachs forecasts a price-target for the S&P 500 at 3400 by year-end 2020, and a downside scenario at 2600 depending on tariffs and the US election result. Image: Goldman…

Broad Trade-Weighted U.S. Dollar Forecast Chart suggesting that the U.S. dollar is expected to weaken in 2020, as global economic activity improves. Image: Goldman Sachs Global Investment Research

Number of U.S. Listed Stocks and Average Age of U.S. Listed Stocks The U.S. stock market is shrinking. The number of firms listed on U.S. stock exchanges has fallen by nearly 50% since 1996. Image:…