Real S&P 500 Index The current market cycle still feels incomplete. After strong rallies, markets often retreat to test previous highs. That pullback, though painful, often clears the air and sets up the next move…

S&P 500 Returns in December During Year One of the Presidential Cycle U.S. stocks have finished December in the red during the first year of the presidential cycle just once in the past 40 years,…

Data Centre Electricity Consumption by Country (Forecast to 2030) Data center electricity use may triple by 2030 due to AI growth, straining energy infrastructure, challenging capacity, sustainability, and reliable power supply across global grids. Image:…

Median S&P 500 Performance After Fed Cuts Rates The S&P 500 has typically rallied about 50% in the two years after the Fed begins cutting rates. But when those cuts hit during recessions, those gains…

Median U.S. 10-Year Treasury Yield Performance in Fed Rate Cuts Cycles Fed rate cuts usually pull short-term yields lower, but long Treasury bonds don’t always fall in line. Inflation expectations, shifting bets on future policy,…

S&P 500 Valuations vs. 6-Month Forward Returns Valuations can help frame long-term return expectations, but they rarely say much about what markets will do in the short run. Image: Goldman Sachs Global Investment Research

U.S. Manufacturing PMI and Global Leading Indicator Leading indicators are turning higher, signaling a growing chance of a global cyclical upswing into the first half of 2026. Image: Bloomberg

Returns for S&P 500 by Sector Since the Launch of ChatGPT on November 30th 2022 The communication services and IT sectors have far outpaced the S&P 500 since ChatGPT’s launch three years ago, powered by…

Performance – Bloomberg U.S. 500 Ex Mag 7 Index vs. FTSE All-World Ex U.S. Index The AI boom remains a U.S. mega-cap story for now, leaving the global balance mostly untouched. Image: Bloomberg

S&P 500 Returns in December if >5% YTD End of November in Year One of Presidential Cycle Bulls are in luck. Since 1945, whenever the S&P 500 was up more than 5% YTD by November’s…

U.S. Economic Forecasts Deutsche Bank sees U.S. growth staying strong through 2028, with core inflation easing toward the Fed’s 2% target and job markets holding firm. Image: Deutsche Bank Click the Image to Enlarge