Valuation – PEG Ratio between U.S. and Europe The widening PEG ratio gap indicates that European stocks are trading at cheaper growth-adjusted valuations compared to U.S. stocks, supported by improving earnings growth prospects in Europe. Image: Goldman Sachs Global Investment Research
U.S. Stock Market – Margin Debt and Free Cash Balances The current record margin debt, exceeding $1 trillion, signals heightened investor risk-taking and confidence; however, if the market falters, this elevated leverage could amplify volatility and losses. Image: Real Investment Advice
Top 10 S&P 500 Returns June – August A strong summer rally, such as the one in 2025, typically signals bullish sentiment and often leads to further gains in the S&P 500 for the remainder of the year, based on historical trends observed in the ten best summer rallies. Image: Carson Investment Research
Market Capitalization – United States vs. Asia vs. Europe The U.S. market has outperformed global markets in the last decade because of strong earnings, profitability, and capital dynamics, but keeping up this pace may be harder in the next decade due to high valuations today. Image: Goldman Sachs Global Investment Research
Average and Median Monthly 10-Year U.S. Treasury Yield Change Since 2000 U.S. Treasury bond yields typically increase in September and October due to a surge in bond supply after the summer lull, combined with market influences like policy shifts and investor repositioning. Image: Deutsche Bank
S&P 500 Sectors Announced Buybacks (Last 3 Months) Over the past three months, the Financial, Industrial, and Information Technology sectors have been at the forefront of buyback announcements, driving a major portion of repurchase activity in the U.S. market. Image: Deutsche Bank Asset Allocation
Global Financial Conditions Index Global financial conditions have eased to a 12-month low, supported by expectations of monetary policy easing, improved investor sentiment, tightening credit spreads, and a more stable economic outlook. Image: Goldman Sachs Global Investment Research
Magnificent Seven and S&P 500 – 12-Month Trailing EPS The strong earnings power and consistent profit growth of the largest U.S. companies have been key factors in maintaining their dominant positions in the U.S. equity market over the past decade. Image: Goldman Sachs Global Investment Research
S&P 500 Performance After >25% Rally in 100 Trading Days (Since 1950) Good news for bulls: since April’s low, the S&P 500 has risen over 25% in 100 trading days—a rare event. Historically since 1950, such rises have delivered positive 12-month returns 90.9% of the time, with a median gain of 13.2%. Image: Carson Investment…
ISM Manufacturing Index vs. S&P 500 Index The U.S. ISM Manufacturing Index in August stands at 48.7%, below the consensus forecast of 49.0%, which is indicative of a contraction in the manufacturing sector. This chart shows the correlation between the U.S. ISM manufacturing index and the S&P 500 index year-over-year percent change, since 2011. Click…
S&P 500 2026 Target Driven by enthusiasm for artificial intelligence, Evercore ISI forecasts the S&P 500 will rise to 7,750 points by the end of 2026, marking a 20% gain from current levels. Image: Bloomberg