S&P 500 Average Returns in Bull Markets While the third year of a bull market often shows signs of relative weakness, patient investors may find substantial opportunities in the following years, as historical trends suggest the potential for sustained growth. Image: Carson Investment Research
Market Capitalization of the Largest Stock Relative to the 75th Percentile Stock The concentration of the U.S. equity market is currently at historically high levels, nearing its most concentrated state in a century, driven by the dominance of a few mega-cap tech companies. Image: Goldman Sachs Global Investment Research
Global Money Market Fund Assets Global money market fund assets hit a new all-time high of $9.7 tn, highlighting the perceived security and attractiveness of these funds as a viable approach for temporarily storing and increasing capital. 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 – Risk Appetite and Expected U.S. Equity Market Performance U.S. equity investors’ risk appetite has fallen from recent highs in January 2025, driven by concerns over interest rates and geopolitical tensions. Image: S&P Global Market Intelligence
Earnings Sentiment (Analyst Upgrades Minus Downgrades Across Markets) While there are pockets of optimism regarding earnings growth, earnings sentiment in the S&P 500 is on a downward trend. Image: Goldman Sachs Global Investment Research
Investor Sentiment – U.S. Market Greed/Fear Index The Market Greed/Fear Index stands at 62.28, indicating that market sentiment is well away from the extreme greed zone. Image: Real Investment Advice
Equity Market Concentration – Market Capitalization of 10 Largest Companies as Share of S&P 500 Total The top 10 stocks in the S&P 500 have a significantly larger weight in the index compared to their share of earnings, which raises concerns about potential overconcentration risks. Image: Goldman Sachs Global Investment Research
Different Market Sentiment Indicators Market sentiment indicators are signaling a risk-on attitude among investors, highlighting their increasing willingness to embrace riskier assets in today’s economic landscape. Image: Goldman Sachs Global Investment Research
U.S. Stocks – Magnificent Seven Market Value as a Percent of S&P 500 Market Value The “Magnificent Seven” stocks have significantly influenced the S&P 500, now accounting for 34% of its market capitalization, reflecting their dominance and the concentrated risk in the market. Image: Goldman Sachs Global Investment Research
Market Sentiment Indicator Morgan Stanley’s current market sentiment indicator reflects a risk-neutral outlook. Image: Morgan Stanley Research