U.S. 10-Year Breakeven Inflation Rate vs. U.S. 10-Year Real Rate As stagflation is a growing threat to the U.S. economy, will the Fed maintain a loose policy? Image: Goldman Sachs Global Investment Research
G6 Real GDP Levels The U.S. economy is growing pretty solidly and is expected to outperform the rest of DM through the end of 2022. Image: BofA Global Research
Greatest Annual Flows Biggest inflows into TIPS and financials this year, as the Fed lets the U.S. economy run hot. Image: BofA Global Investment Strategy
U.S. Output Gap (% of Potential GDP) Will the Fed take action to prevent the U.S. economy from overheating? Image: BofA Global Research
Solving Inequality – Wages Growth, Inflation, Assets Returns A hot economy tends to reduce inequality. Image: Goldman Sachs Global Investment Research
GDP Forecast by Region Thanks to the vaccine rollout, will the U.S. economy expand more rapidly than expected in 2021? Image: BofA Global Research Economists
China 10-Year Bond Yield and Shanghai Composite Index China is leading all asset markets. The Shanghai Composite Index could decline with Chinese bond yields as a result of a weaker growing economy. Image: BofA Global Investment Strategy
Projected U.S. GDP Growth This chart suggests some mix of U and L-shaped recovery in the U.S. economy. Image: BofA Global Research
U.S. Big Companies and U.S. Job Market Big firms dominate the U.S. economy and the U.S. job market. Image: Deutsche Bank Global Research
Inequality – Percent of Total Investment Assets Held by Wealth Distribution The U.S. economy is not the stock market. The top 10% of American households own 84% of all stocks, and the bottom 90% own 16% of all stocks. Image: Deutsche Bank Global Research