S&P 500 Performance When a New President is in Office
S&P 500 Performance When a New President is in Office After the presidential inauguration in the U.S., market weakness is expected in February. Image: LPL Research
S&P 500 Performance When a New President is in Office After the presidential inauguration in the U.S., market weakness is expected in February. Image: LPL Research
Change in Debt-to-GDP Between Q4-2019 and Q3-2020 Countries are accumulating record amounts of debt. This chart puts into perspective the rise in debt-to-GDP ratio by country between Q4-2019 and Q3-2020. Image: Deutsche Bank
Stocks – U.S 10-Year Treasury Yield and NYSE FANG+ Index The jump in long bond yields could be a game changer for long duration stocks. Image: Alpine Macro
Percent of S&P 500 Market Capitalization Held by the Five Largest Stocks This chart highlights the current level of concentration in the five largest stocks. Image: BofA Research Investment Committee
Valuation – 12-Month Forward P/E and Equity Risk Premium Despite the rise in the forward 12-month P/E ratio, the equity risk premium is in line with its long-term average. Image: Fidelity Investments
Importance of the Biggest Stocks by Region With rising stock market concentration, investors are taking more risk. Image: Societe Generale Cross Asset Research
Advanced Economies Debt/GDP The coronavirus pandemic could bring the debt-to-GDP ratio of advanced economies to World War II levels. Image: Deutsche Bank
Market Capitalization of FAAMG Stocks as % of S&P 500 This chart highlights the record concentration of market cap in FAAMG stocks. Image: Goldman Sachs Global Investment Research
Market Capitalization – Five Largest Companies as Share of S&P 500 Total This chart highlights the record concentration of market cap in the five largest stocks. Image: Goldman Sachs Global Investment Research
Market Capitalization of Largest Companies as Share of S&P 500 Total Chart showing the record level of concentration in the U.S. equity market. Image: Goldman Sachs Global Investment Research
Stocks – Small Caps / Large Caps Since late March, the bull market has followed the typical recession playbook, with the Russell 2000 outperforming the S&P 500. Image: Morgan Stanley Research