Valuation – Magnificent Seven Forward P/E The Magnificent 7 stocks continue to trade at a premium compared to the rest of the S&P 500. However, this premium has narrowed in 2025. Image: Goldman Sachs Global…
Average Strategist Year-End S&P 500 Forecast Despite trade-related uncertainties, Wall Street’s leading firms remain confident in the S&P 500’s further gains through 2025, driven by strong corporate earnings, operational resilience, and accommodative monetary policy prospects.…
S&P 500 and NAAIM Index Above 97 Active investment managers are notorious for buying equities near market tops and selling near market bottoms. Last week, their equity allocation surged to 99.30, a level typically seen…
S&P 500 Returns After New All-Time Highs Since 1990, despite periods of volatility, the S&P 500 has typically continued rising after new all-time highs, with a median 12-month gain of 13.5% and positive returns more…
Market Sentiment – Levkovich Index The Levkovich Index, or Panic/Euphoria Model, is currently at “euphoria,” indicating strong investor optimism. This often serves as a contrarian signal that equities may face downward pressure over the next…
S&P 500 Performance After a >10% Quarter Since 1950, when a quarter’s return exceeds 10%, the next quarter typically performs better than average—gaining 4.7% on average compared to the overall average of 2.3%, and posting…
U.S. Dollar and 200-Day Moving Average The DXY dollar’s current position well below its 200-day moving average marks a rare bearish phase, the likes of which have not been seen in two decades, signaling a…
Asset Class Returns Diversified portfolios demonstrated strong resilience during the U.S. stock market drawdowns in the first half of 2025 by cushioning losses and providing more stable returns. Image: J.P. Morgan Asset Management
S&P 500 Performance Up YTD Between 5-10% at the Midpoint of the Year Since 1950, when the S&P 500 has been up between 5% and 10% by mid-year, the full-year performance has been positive 93%…
U.S. 10-Year Treasury Yield and Economic Surprise Index Weakening U.S. economic data and evolving fiscal conditions have led Goldman Sachs to revise down Treasury yield forecasts, anticipating a more accommodative monetary policy with earlier and…
S&P 500 Energy / S&P 500 The energy sector’s current low relative price performance combined with attractive valuations and strong underlying fundamentals makes it a compelling value investment opportunity for investors seeking exposure to this…