Yield Spread (Baa Bonds – Utility Dividends) This interesting chart suggests that utilities are currently cheap. Image: Morgan Stanley Research

S&P 500 Forecast Dividend Yield Is Above The 10-Year Treasury Yield Dividends remained stable or increased, while the 10-year Treasury yield has declined. Image: Wells Fargo Investment Institute

Inequality – Concentration of Stock Ownership by Wealth Class in the U.S. The top 1% own 50% of stocks held by American households. Image: Yahoo! Finance

S&P 500 Performance When the First Two Rate Cuts Are 25 Basis Points Over 40 years, the S&P 500 returns over 6 and 12 months were all positive when the first two rate cuts were…

Fed’s Broad USD and Cyclicals vs. Defensives This chart suggests that current equity market rotation weakends the U.S. dollar. Image: Morgan Stanley Research

U.S. Share of Global Investment-Grade Fixed-Income Yield With negative yields in Europe and Japan, the U.S. now accounts for 95% of the positive investment-grade yield. Image: Legg Mason

Correlation Between S&P 500 Index and MSCI EAFE Index Since 1997, the high correlation between U.S. and international equity markets suggests that the MSCI EAFE may only offer a slight risk/return benefit as a complement…

ECB Balance Sheet vs. ECB Deposit Rate It could be difficult to push rates further into negative territory without affecting the profitability and financing capacity of Eurozone banks. Image: Jeroen Blokland

Histogram of S&P 500 Declines Around Recessions Chart showing peak-to-trough percent change in the S&P 500 index around recessions (median: -21.6%). Image: J.P. Morgan

The World Economy – GDP at Power Purchase Power Parity by Country This map shows the changes in the world GDP when adjusted by the cost of living. You may also like “The World Economy…

Comparative Return of Bitcoin and S&P 500 This chart suggests that the best years for Bitcoin are when the S&P 500 is above 15%. Image: Fundstrat Global Advisors, LLC