S&P 500 Returns – Strong vs. Weak Periods U.S. stocks tend to lose some of their edge over the summer, with May to October often lagging the stronger November to April period. Even so, seasonality…

S&P 500 Performance During Trump Years The S&P 500 under President Trump has often stumbled early, with lows clustering in late March. If that pattern holds, 2026 could still tilt higher, even as a new…

S&P 500 Quarterly Net Profit Margin (ex. Financials & Utilities) Corporate America is delivering solid profits, and with margins set to climb in the coming quarters, the bullish case keeps gaining traction. It’s getting harder…

Earnings Growth – Mag 7 and S&P 500 ex-Mag 7 The Magnificent Seven are pacing for 32% earnings growth this year, more than double the S&P 500’s 15%. With tech momentum still running hot, betting…

YoY Growth in S&P 500 Cash Use S&P 500 companies are shifting cash toward capex, with AI leading the charge, while buyback growth has stalled. That shift could mean less of an EPS tailwind and…

S&P 500 Around Major Geopolitical Events Since 1939 U.S. equities have once again behaved in line with the historical playbook during geopolitical shocks: a burst of panic, then a quick return to business as usual.…

Share of S&P 500 Company Quarter-Ahead EPS Guidance Above Consensus Estimates Strong earnings and confident forecasts are keeping corporate America bullish on near-term profits, adding fuel to already rich valuations. As long as companies deliver,…

New York Fed GDP Nowcast The New York Fed nudged its Q2 2026 U.S. GDP Nowcast slightly lower to 2.52% from 2.81% a week earlier, keeping the expansion narrative on track. Image: Federal Reserve Bank…

S&P 500 Sector P/E Valuations Relative to History S&P 500 Financials are holding onto relatively modest valuations, in contrast to Industrials, which are edging into more expensive territory. Image: Goldman Sachs Global Investment Research

Share of Global Market Capitalization The U.S. accounts for only 4% of the world’s population, but it holds 62% of global equity value. Its innovation pipeline continues to pull in overseas capital. The simple truth:…

Seasonality – S&P 500 Average Monthly Returns Since 1950 Since 1950, the S&P 500 has returned just 1.7% from May to October, versus more than 7% from November to April. When the market hits May…