Mega-Cap Growth & Tech Positioning

Mega-Cap Growth & Tech Positioning Mega-cap growth & tech positioning in the 94th percentile is once again becoming stretched, which suggests there may be excessive optimism. Image: Deutsche Bank Asset Allocation

U.S. GDP Growth

U.S. GDP Growth Goldman Sachs has a more optimistic view of the growth of U.S. GDP in contrast to consensus. This demonstrates their strong confidence in the robust performance of the U.S. economy. Image: Goldman Sachs Global Investment Research

U.S. Real GDP Growth

U.S. Real GDP Growth Deutsche Bank has a more positive outlook on the growth of U.S. GDP compared to consensus, reflecting their belief in the good performance of the U.S. economy. Image: Deutsche Bank

U.S. GDP Growth Forecast

U.S. GDP Growth Forecast The surge in U.S. GDP growth estimates for 2024 reflects the anticipation of increased economic activity and productivity in various sectors, highlighting the potential for continued expansion of the U.S. economy. Image: Goldman Sachs Global Investment Research

Global Economy – GDP Growth Projections

Global Economy – GDP Growth Projections Global growth is projected to be 3.1% in 2024 and 3.2% in 2025. These projections highlight the resilience of many economies despite various challenges and uncertainties. Image: International Monetary Fund

Valuation – Real S&P 500 % Deviation from Exponential Growth Trend

Valuation – Real S&P 500 % Deviation from Exponential Growth Trend It is still reasonable to expect a reversion to the mean, given that the S&P 500 is currently experiencing one of the most significant deviations from its long-term exponential trend in recorded history. Image: Real Investment Advice

Performance – Growth vs. Value

Performance – Growth vs. Value During times of scarce growth, growth stocks tend to outperform value stocks, while during periods of plentiful growth, value stocks tend to outperform growth stocks. Image: Goldman Sachs Global Investment Research

CAPE Valuations and Deviation from Exponential Growth Trend

CAPE Valuations and Deviation from Exponential Growth Trend While the CAPE ratio is not a reliable timing signal for market turning points, historical data indicates a correlation between high CAPE ratios and lower future returns. Image: Real Investment Advice