ISABELNET Cartoon of the Day Even bulls and bears are calling a truce this Easter Monday—time to trade market chaos for chocolate eggs! Happy Easter Monday, Everyone!🐰😎

U.S. True Financial Conditions Index The U.S. True Financial Conditions Index stands at 6, indicating a slightly accommodative financial environment. Image: Gavekal, Macrobond

Maximum S&P 500 Drawdowns and Recessions If the U.S. economy enters a recession due to Trump’s tariffs, the stock market could decline further. The market appears not to have fully priced in the risk of…

Contributions to Annualized U.S. PCE Growth The U.S. stock market’s recent underperformance is expected to reduce the wealth effect, turning it from a boost to a drag on consumption and increasing the risk of a…

S&P 500 Intraday Swings Recent S&P 500 volatility, characterized by intraday swings exceeding 10% and VIX spikes echoing 2008 and COVID-era turbulence, appears to be stabilizing. Image: Bloomberg

Gold vs. 30-Year U.S. Treasury Bond Gold is increasingly being positioned as an alternative to U.S. Treasury bonds. Image: Deutsche Bank

Brent Crude Oil Price Forecast Goldman Sachs projects Brent crude oil prices to average $63 per barrel through the end of 2025, with a decline to an annual average of $58 per barrel in 2026,…

ISABELNET Cartoon of the Day The S&P 500 took a 1.50% dip this week, but bears are open to talks if bulls show respect! Happy Easter Weekend, Everyone! 🐰😎

U.S. New Private Housing Units Authorized by Building Permits and Recessions In March, building permits in the U.S. rose to 1.482 million, exceeding expectations. Historically, they tend to peak and then decline before economic recessions.…

Notional Volume Traded in Listed U.S. Equity Options Thanks to strong participation from both retail and institutional investors, U.S. equity options are seeing rising average daily trading volumes—a trend that shows no signs of slowing…

S&P 500 and Liquidity Increased aggregate U.S. liquidity generally acts as a tailwind for the U.S. stock market, potentially boosting equity prices. However, the Fed Liquidity Index currently shows the opposite dynamic. Image: Real Investment…