Recession or not, equity return backdrop is challenged
Stocks have seen strong year-to-date (YTD) returns, but high valuations portend challenges ahead as this week’s chart shows.
![](https://fsinvestments.com/wp-content/uploads/2023/09/COTW_2023-09-22_thumbnail-247px-1.jpg?w=250&h=150&crop=1)
Private markets attractive in market drawdowns?
This week’s chart looks at private markets’ relatively small declines during the past two market drawdowns compared to their public counterparts.
![](https://fsinvestments.com/wp-content/uploads/2023/08/COTW_2023-08-25_v2_thumbnail-247px.jpg?w=250&h=150&crop=1)
Stock-bond correlation is quickly rising
Stock-bond correlation has been on the rise again. This week’s chart looks at the trend and how it has exacerbated the diversification challenge.
![](https://fsinvestments.com/wp-content/uploads/2023/08/COTW_2023-08-18_thumbnail-247px-1.jpg?w=250&h=150&crop=1)
In 2023, the Agg has seen little bounce-back
The Agg has lost steam with three consecutive monthly declines. This week’s chart tracks its monthly returns against the 10-year yield.
![](https://fsinvestments.com/wp-content/uploads/2023/08/COTW_2023-08-04_thumbnail-247px-1.jpg?w=250&h=150&crop=1)
Institutions remain cautious, despite market rally
Market sentiment has shifted recently, but there are still reasons for caution. This week’s chart looks at institutions’ somewhat neutral positioning.
![](https://fsinvestments.com/wp-content/uploads/2023/07/COTW_2023-07-21_thumbnail-247px.jpg?w=250&h=150&crop=1)
Investor demand for private assets remains robust
As investment opportunities shift, this week’s chart looks at institutions’ historical fundraising across private markets.
![](https://fsinvestments.com/wp-content/uploads/2023/07/COTW_2023-07-14_thumbnail-247px-1.jpg?w=250&h=150&crop=1)