Search Results for: S&P 500

S&P 500 – 2021E Sales and Profits Relative to 2019 Levels Will earnings growth drive the S&P 500 higher by the end of 2021? Image: Goldman Sachs Global Investment Research

S&P 500 Returns Around Government Shutdowns Historically, U.S. government shutdowns have not significantly affected the U.S. stock market. Image: Goldman Sachs Global Investment Research

S&P 500 Drawdowns Since WWII Should investors expect a bigger drawdown before the end of the year? Image: Scotiabank GBM Portfolio Strategy

Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index increased by 0.5% in August. Trucks represent 72.5% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows that the U.S. stock market tends to increase in line with the physical size and expansion of the U.S. economy (R² =…

S&P 500 Year-End Target Goldman Sachs still expects the S&P 500 to end 2021 at 4,700 and 2022 at 4,900. Image: Goldman Sachs Global Investment Research

S&P 500 DDM-Implied Fair Value Goldman Sachs forecasts the U.S. 10-year Treasury yield at 1.6% by the end of 2021 and the S&P 500 to reach 4,700 (base case scenario). Image: Goldman Sachs Global Investment Research

Sensitivity of S&P 500 to U.S. 10-Year Treasury Yield and Equity Risk Premium (ERP) The 4700 year-end target for the S&P 500 index assumes ERP of 4.8% and U.S. Treasury yield at 1.6%. Image: Goldman Sachs Global Investment Research

Gold Miners vs. S&P 500 and Market Breadth Valuations of gold miners relative to the S&P 500 look attractive. Should investors expect a short-term upside in gold miners? Image: Topdown Charts

Corporate Profits – S&P 500 Index Trailing 12-Mo. Operating Margin and U.S. CPI Less U.S. PPI The gap between CPI and PPI is deeply negative. Are U.S. coporate profits at risk in the next 12 months? Image: Morgan Stanley Wealth Management

S&P 500 and Manufacturing PMI Morgan Stanley expects the S&P 500 to decline 10-20% by year-end 2021. Image: Morgan Stanley Research