ISABELNET Cartoon of the Day Holding a long position in the S&P 500 throughout 2024 has been remarkably profitable so far, generating a total return of 26% including dividends. Have a Great Day, Everyone! 😎

Proportion of Companies Beating Earnings Estimates In Q3 2024, the proportion of U.S. corporate earnings exceeding expectations reached 77%, while in Europe, it was 62%, both surpassing their historical median levels. In contrast, the proportion…

Proportion of Companies Beating Earnings Estimates In the third quarter of 2024, U.S. companies outperformed their counterparts in Europe, Japan, and emerging markets, with a higher percentage exceeding earnings estimates. Image: Deutsche Bank Asset Allocation

ISABELNET Cartoon of the Day The S&P 500’s performance since the end of the 2022 bear market has rewarded bullish investors, contradicting pessimistic forecasts. It’s already Wednesday, Happy “Hump” Day, Everyone! 🐫🐪😎

Euro to U.S. Dollar (EUR/USD) Goldman Sachs holds a pessimistic view on the EUR/USD currency pair, indicating that the euro is expected to depreciate against the U.S. dollar over the next 3 to 6 months.…

Russell 2000 Net Futures Contracts The current net long positioning of asset managers and leveraged funds in Russell 2000 futures indicates a strong belief in the potential for growth in U.S. small-cap stocks. Image: Deutsche…

Market-Implied Change in Fed Funds Rate Traders are anticipating a total of 75 bps in interest rate cuts by the Federal Reserve over the next 12 months. Image: Goldman Sachs Global Investment Research

Stocks – MSCI China Index 12-Month Targets Persistent deflation and geopolitical tensions have led Goldman Sachs to take a more cautious stance on Chinese equities and their earnings potential. Image: Goldman Sachs Global Investment Research

Short Interest as % of Market Capitalization S&P 500 Median Median short interest in the S&P 500 has dropped to 1.8%, a relatively low figure indicating that market participants are generally optimistic or, at least,…

ISABELNET Cartoon of the Day Bears can’t stop laughing as gold trades near a two-month low. But Goldman Sachs predicts gold will hit a record high of $3,000 per ounce by December 2025, driven by…

U.S. 10-Year Treasury Yield Around Close Presidential Elections While U.S. elections are significant in shaping economic policy and affecting investor sentiment, they do not consistently drive changes in the U.S. 10-year Treasury yield. Image: Deutsche…