S&P 500 10% Drop in 2 Days While a 10% drop in the S&P 500 in just two days is both rare and alarming, historical trends reveal that sharp sell-offs are frequently followed by robust…

Cyclical Minus Defensive Sectors Positioning The cyclical-minus-defensive sectors positioning at the 24th percentile indicates a defensive market stance, with investors heavily favoring sectors less sensitive to the economic cycle. Image: Deutsche Bank Asset Allocation

Earnings – S&P 500 Consensus EPS Revision The 2025 EPS revision trend follows historical patterns. With high initial estimates and ongoing macroeconomic uncertainty, investors should stay alert for possible further downward adjustments. Image: Goldman Sachs…

Nominal GDP as % World for Important Countries/Regions The Global South is rapidly emerging as the primary driver of global demographic and economic growth. For investors and businesses, it presents expanding markets and new opportunities…

U.S. Dollar Exposure of Currency Hedge Funds Hedge funds have significantly increased their bearish bets against the U.S. dollar, reflecting widespread expectations that the dollar will weaken further against other major currencies. Image: J.P. Morgan

S&P 500 and Treasury Bond to Corporate BB High Yield Spread Widening credit spreads often signal upcoming declines in the S&P 500, serving as a valuable leading indicator of equity market stress because they typically…

S&P 500 Ratio to 1-Year MA vs. S&P 500 EPS S&P 500 market pricing broadly aligns with Deutsche Bank’s Q2 earnings growth forecast. Image: Deutsche Bank Asset Allocation

Valuation – Average P/E for Stoxx Europe 600 and S&P 500 As equity markets rally and valuations climb, markets become more susceptible to negative surprises. This has led many investors and analysts to worry about…

Citi Economic Surprise Index vs. 10-Year U.S. Treasury Yield Economic momentum-reflected in growth data and surprises relative to forecasts-continues to be the main force driving U.S. Treasury yields. Image: Paulsen Perspectives

Wage Growth vs. Fed Funds Rate When wage growth lags behind the fed funds rate, it is interpreted as a sign that monetary policy is restrictive, as borrowing costs exceed the pace of income growth,…

Buyback Announcements In 2025, U.S. companies are announcing record levels of share buybacks, aiming to return cash to shareholders, stabilize stock prices, and enhance EPS as they navigate economic and policy uncertainty. Image: Bloomberg