S&P 500 Yearly Performance During Bull Markets History favors the bulls: since 1950, only once has an S&P 500 bull market ended in its fourth year—history therefore favors further upside over a transition to bear…
Valuations – Market Values as a Proportion of World GDP Global equities have tripled their weight since the 1990s, jumping from 75% to above 200% of world GDP—an expansion that screams just how far valuations…
S&P 500 Various Declines per Year Volatility is part of the market’s DNA; the real skill lies in how investors navigate the bumps to keep compounding. Image: Carson Investment Research
U.S. vs. Non-U.S. Equities Valuations vs. ROE Investors aren’t shy about paying a premium for U.S. stocks. The payoff? Superior returns on equity and earnings growth that few markets can match. Image: Goldman Sachs Global…
S&P 500 and Margin Debt Now above $1 trillion, margin debt stands at just about 1/57th of the total U.S. equity market cap, up 35% from a year ago—still a far cry from the surges…
Cumulative Change in Real S&P 500 and Real Profits Earnings remain solid, especially in tech, but the widening gap between the real S&P 500 index and real corporate profit growth suggests investors may be chasing…
Market Capitalization – United States vs. Asia vs. Europe Wall Street has smoked global rivals on roaring earnings, fat margins, and deep capital. But, sky-high prices and overheated expectations could break its stride. Image: Goldman…
World Portfolio The world’s portfolio remains tilted toward the U.S.—in both stocks and bonds. Gold holds a modest 6%, while crypto barely cracks 1%. Image: Goldman Sachs Global Investment Research
Valuation – S&P 500 Median P/E Ratio The S&P 500’s median P/E ratio sits at 26.2—a level that leaves stocks looking pricey and raises the odds of thinner returns or a valuation pullback if history…
Fed Funds Rate and 10-Year U.S. Treasury Yield The S&P 500’s record-breaking rally shows no signs of cooling, with market participants now positioning for another Fed rate cut on October 29 to fuel the next…
U.S. Household Equity Ownership by Wealth Percentile Call it the American Dream or a widening divide. The top 1% now hold about half of U.S. market wealth. The bottom half? Just 1%. The gap has…