Performance – S&P 500 vs. 30-Year US Treasury vs. Trade-Weighted U.S. Dollar The simultaneous decline of U.S. equities, bonds, and the dollar is rare—especially during periods of market stress— and signals a potential shift in…
Average S&P 500 Return in Session Following a Down Day In 2025, investors who bought the dip in the U.S. stock market experienced the highest next-day returns in over 30 years, with the S&P 500…
Money Market Fund Assets as a Percent of S&P 500 Market Capitalization Despite record levels of cash in money market funds, cash on the sidelines is not elevated relative to the S&P 500 market capitalization.…
After-Tax Nonfinancial Corporate Profits as Share of Gross Value Added While U.S. corporate profits fell in Q1 2025 due to higher costs and economic uncertainty, they remain historically high, reflecting both the strength and the…
Weekly Net Flow to U.S. Bitcoin and Gold ETFs Over the past five weeks, U.S.-listed Bitcoin ETFs have attracted more than $9 billion, while gold-backed ETFs have seen outflows of $2.8 billion. This trend highlights…
U.S. Real GDP Growth Goldman Sachs projects U.S. GDP growth of 1.5% in 2025 and 1.6% in 2026, both slightly above the consensus estimates of major forecasters. Image: Goldman Sachs Global Investment Research
S&P 500 Performance One Year After 5% Monthly Gains There’s very good news for bulls: Since 1950, whenever the S&P 500 has gained more than 5% in May, it has historically been higher 12 months…
Valuation – U.S. Equities vs. Rest of World – 12-Month Forward PE Ratios U.S. equities trade at historically high valuations versus global peers, with the premium widening. While strong fundamentals support this, it also poses…
S&P 500 Drawdown in DXY Dollar Index The U.S. equity drawdown has caused major losses for non-U.S. investors, as falling stock prices and a weaker dollar combined. This has prompted many to reconsider their currency…
U.S. Current Activity Indicator U.S. soft data and growth signals have improved slightly, largely due to a more favorable trade policy outlook following the partial rollback of tariffs. Image: Goldman Sachs Global Investment Research
S&P 500 Performance After at Least 15 Weeks of AAII Bears over Bulls Ends A streak of 15 consecutive weeks with more bears than bulls in the AAII survey is rare—only four other periods have…