Contribution to S&P 500 EPS Growth The seven biggest S&P 500 stocks are set to drive 46% of the index’s EPS growth in 2026, down slightly from a 50% share this year as the rest…

S&P 500 Earnings Yield Based on Shiller Cyclically-Adjusted P/E The S&P 500’s earnings yield, based on Shiller’s cyclically adjusted P/E, sits near century lows. But if history is any guide, valuations can defy gravity for…

U.S. Unemployment Rate and U.S. Heavy Trucks Sales (Leading Indicator) Sales of U.S. heavy trucks tend to lead the economic cycle. When they drop, unemployment usually starts rising about six months later. Image: Goldman Sachs…

Bitcoin Annual Returns Bitcoin is sliding toward a year of losses, and this one comes without the usual chaos. No fraud, no implosion, just a quieter, more mature market learning that pain isn’t always tied…

Gold Price (5-Year Rolling Change) and World Military Expenses When governments ramp up military spending, gold tends to sparkle. Rising geopolitical risks and looser fiscal policy weaken paper currencies and revive inflation worries, sending investors…

Earnings Growth The gap between the Magnificent Seven and the rest of the S&P 500 is expected to narrow, paving the way for a broader, more balanced earnings landscape across the index in 2026 and…

Retail Traders Average Portfolio Stock Allocation and Investment Managers Average Stock Exposure Over the past two decades, periods when both retail and professional traders were this heavily long have often been followed by S&P 500…

S&P 500 Average Return in December With the holidays in sight, buyers are starting to reappear. History shows U.S. stocks often find a floor around mid-December and rally into year-end, a seasonal lift the bulls…

Gold vs. 1970s Gold has been shining bright, but it’s nowhere near the late-1970s gold rush. Investors might want to keep an open mind. Image: Bloomberg

Seasonality – S&P 500 Index Returns in December As the holidays approach, buyers usually return and the year-end rally tends to pick up speed in the second half of December. Historically, U.S. stocks have climbed…

S&P 500 Valuation Multiples With valuations lofty and expectations running high, U.S. stocks look exposed if earnings or the economy disappoint. Image: Real Investment Advice