S&P 500 Average Returns in Bull Markets While the third year of a bull market often shows signs of relative weakness, patient investors may find substantial opportunities in the following years, as historical trends suggest the potential for sustained growth. Image: Carson Investment Research
Bullish Percent Index vs. S&P 500 Index The percentage of U.S. stocks with bullish buy signals is at levels where stocks typically find buying support and often indicates a potential bullish reversal. Image: Real Investment Advice
S&P 500 Performance per Year of a 4-Year Presidential Cycle Bulls smile as the U.S. stock market typically outperforms during the first two years when a President is re-elected compared to when a new President takes office, suggesting a potentially better-than-average year for stocks. Image: Carson Investment Research
S&P 500 Annualized 10-Year Total Return Forecasts Goldman Sachs forecasts a modest average annualized total return of 3% for the S&P 500 over the next decade, which is considerably below historical norms. This outlook is influenced by concerns about high equity valuations. Image: Goldman Sachs Global Investment Research
Change in U.S. Dollar vs. Change in S&P 500 EPS While there are instances where the U.S. Dollar and S&P 500 EPS may move in tandem, the overall statistical relationship is weak. Image: Morgan Stanley Research
S&P 500 Index and Technical Score With a reading of 48.09, the U.S. stock market is no longer overbought and remains in a period of consolidation. Image: Real Investment Advice
S&P 500 Sectors Announced Buybacks (Last 3 Months) Over the last three months, announced stock buybacks in the U.S. market have been primarily driven by the Healthcare, Energy, and Financial sectors. Image: Deutsche Bank Asset Allocation
Valuation – S&P 500 Forward P/E Ratio vs. 10-Year U.S. Treasury Yield The 10-year U.S. Treasury yield surpassing 4.5% is creating a headwind for equity valuations and potentially dampening investor sentiment. Image: Morgan Stanley Wealth Management
S&P 500 Quarterly YoY EPS Growth Relative to Consensus Expectations S&P 500 earnings growth has consistently exceeded expectations in recent years, reflecting strong corporate performance and favorable economic conditions, leading analysts to remain optimistic about future growth. Image: Goldman Sachs Global Investment Research
Equity Market Concentration – Market Capitalization of 10 Largest Companies as Share of S&P 500 Total The top 10 stocks in the S&P 500 have a significantly larger weight in the index compared to their share of earnings, which raises concerns about potential overconcentration risks. Image: Goldman Sachs Global Investment Research
Rolling 12-Month % Change in the S&P 500 An economic slowdown or a hawkish pivot from the Fed could have a substantial impact on U.S. equities, potentially causing declines even if a recession does not occur. Image: Goldman Sachs Global Investment Research