U.S. Stock Market Bull and Bear Indicator – S&P 500 Last Monday, our Stock Market Bull & Bear Indicator was bullish well before the opening bell and the S&P 500 followed through, closing up 0.64%.…

Annual Real S&P 500 Index and 3-Year Average Annual Return The S&P 500’s three‑year return is running 18% above its 3-year average. That’s not a record, but history says big deviations like this have often come…

S&P 500 Returns After Eight Month Win Streaks An eighth straight winning month in sight? Since 1950, the S&P 500 has done that only ten times, and almost never lost steam afterward. Nine out of…

World Technology Earnings Since 2010, the technology sector has consistently outpaced the broader market, driven by booming profits, the dominance of U.S. tech giants, and steady productivity gains. Image: Goldman Sachs Global Investment Research

Valuations – S&P 500 12-Month Fwd P/E Multiple – Top 5 Largest Stocks vs. Other 495 Stocks Valuations aren’t as stretched as in past bubbles. The U.S. market looks more balanced, with the top five…

Global Quarterly Tech Capex Growth Tech investment has surged in recent years, but the underlying rhythm hasn’t changed: global tech capex has grown 14.6% annually since 2013, right in line with its decade‑long trend. Image:…

U.S. High-Yield Spreads vs. Corporate Cash Flow as % of Debt (Leading Indicator) Rising AI infrastructure spending and swelling debt are draining liquidity, setting the stage for weaker cash-flow-to-debt ratios in 2026 and wider credit…

U.S. Real GDP Growth Goldman Sachs sees the U.S. extending its growth lead in 2026, forecasting GDP to rise 2.6%, comfortably ahead of consensus thanks to contained inflation and a resilient jobs market. Image: Goldman…

S&P 500 Index vs. S&P 500 Equal-Weighted Index In 2025, the traditional, market‑cap‑weighted S&P 500 has strongly outperformed its equal‑weighted counterpart because a small group of very large, tech‑centric stocks has driven most of the…

Performance – S&P 500 Total Return Index vs. Spot Gold vs. Spot Silver U.S. stocks are rising, but metals are shining brighter. Gold, and even more so silver, have surged since the precious-metals move accelerated,…

Valuation – PEG Ratio between U.S. and Europe As equity returns broaden in 2025, the PEG ratio gap between the U.S. and the rest of the world is narrowing. This convergence in growth-adjusted valuations is…