Large Cap Equity Positioning Markets overall are far from stretched, but in large-cap equities, positioning has climbed to the 82nd percentile, where momentum in big-name stocks is clearly picking up. Image: Deutsche Bank Asset Allocation
Change in Consensus EPS Big Tech still runs the show—2026 earnings forecasts are racing higher for the giants, while the rest of the S&P 493 trail behind in their shadow. Image: Goldman Sachs Global Investment…
S&P 500 Quarterly Earnings Growth Deutsche Bank sees S&P 500 earnings accelerating, forecasting growth to climb from 9.3% last quarter to 10.7% in Q3, boosted by supportive macro trends and strong company performances—well ahead of…
S&P 500 Index and Barclays Equity Timing Indicator Barclays’ Equity Timing Indicator—a gauge of 19 market and economic signals—is tilting bullish, implying an 82% chance the S&P 500 rises over the next two months, with…
Small Cap Equity Positioning Investors have been piling into small-cap stocks in recent weeks, with positioning jumping to a neutral 48th percentile—still leaving plenty of room for further upside. Image: Deutsche Bank Asset Allocation
S&P 500 Returns when New Highs Are Made in August, September, and October History is on the bulls’ side: whenever the S&P 500 has hit new highs in August, September, and October, the fourth quarter…
Equities – MSCI U.S. vs. MSCI ACWI ex-U.S. American equities are falling out of step with their global peers, lagging by roughly 9%—the biggest divide since 2009—amid currency shifts and a revival of interest in…
S&P 500 Quarterly YoY EPS Growth Relative to Consensus Expectations Consensus sees S&P 500 earnings growth to cool to 6% in 3Q 2025 from 11% in 2Q, but Goldman Sachs thinks the bar may be…
Valuation – Real S&P 500 Index with Recessions and S&P 500 Shiller CAPE Ratio Markets move in full cycles, swinging from long bull runs to deep bear phases. These patterns have played out time and…
S&P 500 Returns When New Highs Are Made In October Bulls welcome October’s new highs, knowing the fourth quarter has been kind: markets have risen more than 90% of the time, with average gains of…
Gold ETF Holdings The surge in Western gold ETF holdings tells a story of fragile nerves and strong convictions—uncertain macro signals, anticipated rate cuts, and a search for safety pushing both private investors and central…