Survey – What Is the Biggest Risk to the U.S. Exceptionalism Theme? While the U.S. economy has shown resilience, a recent survey highlights sticky inflation as the biggest risk to U.S. exceptionalism. Image: Goldman Sachs…
Implied Probability of S&P 500 Drawdown While the macroeconomic environment may still support U.S. equities, Goldman Sachs’ model indicates an increasing risk of a stock market correction in the next 3 months. Image: Goldman Sachs…
S&P 500 Performance When Higher in January and Lower in February Since 1950, when the S&P 500 has a positive January followed by a negative February, the index tends to finish the year strong, resulting…
Top Five Companies % of S&P 500 Market Capitalization The S&P 500 is experiencing unprecedented levels of concentration. While the concentration presents potential risks, the fundamentals of the top 5 companies remain strong, with elevated…
S&P 500 Days of the Week Returns In 2025, U.S. stocks have shown a distinct pattern of performance across different trading days of the week, with Mondays and Fridays experiencing struggles while other weekdays have…
DAX vs. S&P 500 Despite the German economy contracting for the second consecutive year, the DAX has shown impressive performance, highlighting the disconnect between stock market gains and economic realities. Image: Goldman Sachs Global Investment…
Debt-to-GDP and 10-Year Government Bond Yield While it might seem intuitive that higher debt burdens would lead to higher yields due to increased risk, this relationship has not held true in practice. Yields are influenced…
Magnificent Seven Stocks vs. Unprofitable Tech The Magnificent 7’s market dominance may be waning, at least in the short-term, as unprofitable tech stocks have recently outperformed these tech giants, indicating a broader market expansion. Image:…
S&P 500 Performance After an All-Time High and Then Four Red Days in a Row The S&P 500 has fallen for four consecutive days after reaching a record high. Despite short-term challenges, the 12-month outlook…
ISABELNET Cartoon of the Day For bears, the bull market is a recurring nightmare they can’t wake up from. For bulls, it’s just another day of ignoring risk and having a great time! Happy “Hump”…
Decomposition of YTD Return in USD Global diversification paid off in 2025 as most major non‑U.S. markets outperformed U.S. equities. Image: Goldman Sachs Global Investment Research