Valuation Metrics Across Assets

Valuation Metrics Across Assets This table suggests that median valuation metrics remain elevated by historical standards. Image: Goldman Sachs Global Investment Research

Housing – U.S. Median Famility Income to Mortgage Cost

Housing – U.S. Median Famility Income to Mortgage Cost This chart suggests that relative to family incomes, buying a home in the U.S. is currently quite affordable by historical standards. Image: Gavekal, Macrobond

Money Supply to GDP vs. Equities and Bonds

Money Supply to GDP vs. Equities and Bonds Historically, when money supply exceeds nominal GDP growth, it tends to be bullish for stocks and bonds. Image: Gavekal, Macrobond

More than 90% of Stocks above 50-Day Moving Average

More than 90% of Stocks above 50-Day Moving Average Short-term overbought, but historically, more than 90% of stocks above the 50-day moving average is bullish. Image: Strategas Research Partners

Long/Short Hedge Funds Beta to Mega Cap Growth Stocks

Long/Short Hedge Funds Beta to Mega Cap Growth Stocks Hedge funds aren’t chasing the current market rally, as long/short hedge funds beta to the mega growth stocks is below historical average. Image: Deutsche Bank Asset Allocation

Purchasing Power of $100: S&P 500, Gold and Fiat Money

Purchasing Power of $100: S&P 500, Gold and Fiat Money Chart showing the purchasing power of $100 worth of fiat currency, gold and the S&P 500. Historically, stocks have won over the very long-term. Image: Fidelity Investments