S&P 500 vs. U.S. High Yield/High Grade and Large Cap Growth to Small Cap Value Charts suggesting that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy
Conference Board Leading Economic Index (LEI) and S&P 500 This chart suggests that the Conference Board Leading Economic Index doesn’t lead the S&P 500 price performance. Image: Charles Schwab
U.S. Stocks – The Cost of Market Timing This chart shows the impact on performance over time, when investors attempt to time the market. Image: Legg Mason
U.S. High-Yield vs. Investment-Grade and MSCI ACWI ex-US (Leading Indicator) This chart suggests that the ratio of high-yield to investment-grade bond performance is a leading indicator for stocks. Image: BofA Global Investment Strategy
S&P 500 Around Emergency Fed Rate Cuts In recent history, the performance of the S&P 500 has been mixed after emergency Fed rate cuts. Image: Nordea and Macrobond
S&P 500 Price Returns Relative to Onset of Next U.S. Recession The performance of the S&P 500 has generally been positive until six months prior to a recession. Image: Investment Strategy Group, Bloomberg
U.S. Nonstore Retail Sales This chart puts into perspective U.S. nonstore retail sales, which are a proxy measure for ecommerce performance. Image: The Daily Shot
Value vs. Growth and U.S. 30-Year Government Bond Yield The outperformance of U.S. growth stocks relative to U.S. value stocks suggests lower bond yields ahead. Image: BofA Global Investment Strategy
Earnings Growth vs. the S&P 500 Could the S&P 500 continue to outpace the poor earnings performance? Image: CNBC
Cumulative Flows into Growth ETF vs. Value ETF Performance has been in favor of growth this year, despite flow into value. Image: BofA Securities