Earnings – Peak to Trough Decline in LTM S&P 500 EPS During Recessions In the event of a U.S. recession, Goldman Sachs predicts that S&P 500 earnings could fall by 11% in 2023. Image: Goldman…
Cumulative Fund Flows Across Assets Investors continue to put their money into equity funds. Image: Goldman Sachs Global Investment Research
World Government Bond GDP-Weighted Return Index Global government bond markets are on course for the worst year since the Marshall Plan in 1949. Image: BofA Global Investment Strategy
Insider Transactions Ratio The Insider Transactions Ratio (officer, director or owner of 10% or more of a class of a company’s securities) is back in the bullish zone. Image: Barron’s
Recession – Conference Board Leading Economic Index vs. U.S. Industrial Production The Conference Board Leading Economic Index suggests a contraction in U.S. industrial production. Image: BofA Global Research
Discretionary vs. Systematic Equity Positioning Systematic equity positioning is in the 5th percentile and discretionary equity positioning is in the 29th percentile. Image: Deutsche Bank Asset Allocation
Fear & Greed Index – Investor Sentiment The Fear & Greed Index stands at 64, signaling greed in the U.S. stock market. Image: Cable News Network
U.S. Nominal GDP Will U.S. nominal GDP fall sharply in 2023? Image: Goldman Sachs Global Investment Research
S&P 500 Earnings Estimates Morgan Stanley expects S&P 500 earnings per share of $195 in 2023 and $241 in 2024. Image: Morgan Stanley Wealth Management