Philly Fed Future Nominal Orders vs. S&P 500 12-Months Forward EPS (Leading Indicator) A severe contraction in earnings growth should hurt U.S. stocks in 2023. Image: Nordea and Macrobond
Different Market Sentiment Indicators Some market sentiment indicators remain risk-off. Image: Goldman Sachs Global Investment Research
U.S. Stock Market Bull and Bear Indicator Using multiple financial data, this great model helps investors navigate through different market conditions. It suggests whether the U.S. stock market tendency is bullish, bearish or neutral. It is a contrarian indicator. A bullish signal suggests that the U.S. stock market may go up, while a bearish signal…
Sentiment Indicator and Stock Positioning The GS sentiment indicator remains negative. Image: Goldman Sachs Global Investment Research
Sell Side Consensus Indicator The Sell Side Indicator remains neutral. time. Image: BofA US Equity and Quant Strategy
Market Sentiment Indicator Morgan Stanley’s market sentiment indicator has turned negative. Image: Morgan Stanley Research
Earnings – Global Manufacturing PMI New Orders vs. World Trailing 12-Month EPS (Leading Indicator) Global manufacturing PMI new orders tend to lead world EPS growth by 12 months. Image: BofA Global Research
U.S. Market Cycle Indicators Will the % of market cycle indicators be less than 30% in the next 12 months? Image: Richardson Wealth
Recession – U.S. Real GDP and Financial Conditions Index (Leading Indicator) Financial conditions tend to lead U.S. real GDP by 3 months. Image: Alpine Macro
Risk Appetite Indicator Level and Momentum Factors The risk appetite indicator is slightly positive. Image: Goldman Sachs Global Investment Research