U.S. Money Market Fund Assets vs. Federal Funds Effective Rate U.S. money market funds typically experience asset inflows during rate hikes but see outflows approximately 12 months after the Fed initiates rate cuts. Image: Real…
S&P 500 Bull Markets Over the past five decades, five bull markets have lasted more than two years, averaging eight years in length and gaining 288%. With the current bull market approaching its third year,…
U.S. and Non-U.S. Share Announced Buybacks by Year JPMorgan strategists expect further strong growth in buyback volumes, noting that the first eight months of 2025 have already matched last year’s total, providing ongoing support for…
Fear & Greed Index – Investor Sentiment At 53, the Fear & Greed Index signals neutrality, suggesting that investors remain cautiously optimistic rather than overly fearful or greedy. Image: Cable News Network
Gold Adjusted for Inflation Gold has just surpassed its inflation-adjusted record high from 1980, marking an important milestone as both a hedge against inflation and a gauge of currency weakness. Image: Bloomberg
S&P 500 Use of Cash The S&P 500’s capex growth in 2025 reflects a broad-based rise, driven by AI-related tech investments and strategic shifts in production and automation, underpinned by expectations of strong returns. Image:…
12-Month Forward ROE Ranges for Different MSCI Regions While a higher ROE indicates stronger profitability that justifies a premium, the overall valuation premium for U.S. equities is also influenced by growth forecasts, risk perceptions, market…
AAII Sentiment Survey The growing bearish sentiment among U.S. retail investors—driven by strong expectations of near‑term stock declines—is often viewed by contrarian investors as a bullish signal. Image: The Daily Chartbook
NAAIM Exposure Index – Investor Sentiment A reading of 86.11 indicates that active managers remain highly confident in the U.S. stock market, keeping substantial equity allocations that reflect positive sentiment without slipping into excessive exuberance.…
Year/Year EPS growth – Magnificent 7 vs. S&P 493 While mega-cap tech firms are expected to continue delivering above-average earnings growth, the exceptional premium they have maintained compared to the rest of the market is…
Top 10 Mega Caps and Bottom 440 Stocks In the S&P 500, the top 10 stocks carry so much weight that they impact the index nearly as much as the bottom 440 together, showing how…