Market Breadth – Percent Below 52-Week High S&P 500 Index Less Median Stock

Market Breadth – Percent Below 52-Week High S&P 500 Index Less Median Stock Market breadth across the S&P 500 deteriorated sharply last week, a warning sign that strength at the index level may be masking underlying fragility. That’s not usually what the bulls want to see. Image: Goldman Sachs Global Investment Research

Global Market Implied Equity Risk Premiums

Global Market Implied Equity Risk Premiums With equity risk premiums low in the U.S. and Japan, investors earn little extra for taking on stock risk over safer bonds, leaving equities a tougher call and prone to disappointment. Image: Goldman Sachs Global Investment Research

Short Interest as % of Market Capitalization S&P 500 Median

Short Interest as % of Market Capitalization S&P 500 Median At 2.7%, short interest for the median S&P 500 stock is on the high side, but the buildup appears tied to portfolio hedging, not a wave of bearish bets. Image: Goldman Sachs Global Investment Research

Global Equities Performance

Global Equities Performance Since spring 2025, the stock rally has gone global, with Europe and Asia powering ahead while U.S. equities lag behind. Broad participation like this often keeps bull markets running longer than most anticipate. Image: Goldman Sachs Global Investment Research

Net Weekly Global Flows: Equity vs. Money Markets

Net Weekly Global Flows: Equity vs. Money Markets Strong equity inflows and shrinking money market assets show investors are pulling cash out of safe havens and putting it back to work in stocks, giving new life to the “cash on the sidelines” story. Image: Goldman Sachs Global Investment Research