Valuation – S&P 500 Concentration Median P/E

Valuation – S&P 500 Concentration Median P/E While the current median P/E of the top 10 stocks relative to the S&P 500 median P/E is historically high, it is still below the peaks seen during major market bubbles like the dot-com era and the Nifty Fifty period. Image: Ned Davis Research

Stock Market Concentration and Volatility

Stock Market Concentration and Volatility When equity markets become concentrated, they get a little too excited—like kids in a candy store! Image: Goldman Sachs Global Investment Research

S&P 500 Market Concentration vs. 10-Year Annualized Forward Returns

S&P 500 Market Concentration vs. 10-Year Annualized Forward Returns High concentration in the S&P 500 may boost short-term performance, but it often signals lower future returns, particularly during non-recessionary periods. Image: Goldman Sachs Global Investment Research

China Pollutant Concentration in Shanghai

China Pollutant Concentration in Shanghai Chart suggesting that production in China is resuming, as air pollution in Shanghai is increasing. Image: Charles Schwab