Sentiment – Risk Appetite and Expected U.S. Equity Market Performance With faith in the macro and policy outlook brightening, risk appetite is surging among U.S. equity fund managers, who are betting on improved market returns.…
Top-Down Estimates of Earnings per Share Growth (S&P 500, STOXX 600, TOPIX, MXAPJ) After years of rallies fueled by soaring multiples, especially in tech and AI sectors, 2026 could see fundamentals take the lead. Image:…
MSCI AC World EPS Analysts, emboldened by a firmer global growth backdrop, have pushed up MSCI AC World EPS forecasts for 2026, seeing technology and AI as key drivers of productivity. Image: Goldman Sachs Global…
S&P 500 Quarterly Net Profit Margin (ex. Financials & Utilities) Corporate America is minting profits like never before, and with margins set to stretch even further into 2026, the bullish narrative remains intact. Image: Goldman…
U.S. Financial Sector’s Profit vs. Labour Demand With so much of finance built on information processing, the sector may soon stand as the clearest example of how AI can lift earnings without lifting headcount. Image:…
Cash Allocation by Non-Bank Investors Globally “Cash is king” is starting to sound like a relic. Non-bank investors globally are holding less cash than at any time since at least 1999, leaving financial markets exposed…
Silver to Oil Ratio Silver’s rally has gone so far that an ounce can now buy a barrel of oil. It’s a rare moment that may not last if crude recovers or silver takes a…
Performance for Gold Gold often starts the year strong, with January usually one of its best months as post-holiday portfolio adjustments and fresh investment flows boost demand. Image: Deutsche Bank
5-Year Turnover of S&P 500 Constituents In a typical five-year stretch, about 20% of S&P 500 members turn over, a reminder of how tough it is to stay in the game for the long haul.…
Components of S&P 500 Total Return Corporate profits carried much of the load for the S&P 500 in 2025, powering most of the index’s gains. In 2026, earnings look set to stay behind the wheel,…
S&P 500 – Which Will Perform Best in 2026? More portfolio managers see the “S&P 493” gaining ground on the Magnificent 7 this year, with fundamentals improving and valuation spreads closing amid worries over index…