S&P 500 Performance vs. Forward EPS

S&P 500 Performance vs. Forward EPS The correlation between forward EPS and the S&P 500 performance has been good since May 2020. Image: Deutsche Bank Asset Allocation

Median Quarterly S&P 500 Performance

Median Quarterly S&P 500 Performance A stagflationary environment would be painfull for U.S. stocks. Image: Goldman Sachs Global Investment Research

ISM Manufacturing vs. S&P 500 Performance

ISM Manufacturing vs. S&P 500 Performance More than 90% of the gains in the S&P500 Index have occurred when the ISM Manufacturing Index rises. Image: Alpine Macro