Weekly Change in Equity Positioning Equity positioning saw its sharpest weekly pullback since “Liberation Day” in April—a dip many traders were quick to buy. Image: Deutsche Bank Asset Allocation

Discretionary Investors Equity Positioning vs. S&P 500 EPS Growth Discretionary investors are betting on an earnings downturn that looks increasingly out of sync with the data. If that pessimism fades, risk appetite could roar back…

NYSE Margin Debt Margin debt on the NYSE has jumped at one of the fastest clips on record over the past five months, fueling a “buy‑the‑dip” frenzy and surging risk appetite—a mix that’s stirring fresh…

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…

Corporate Profits After Tax and U.S. Real GDP In America, corporate profits aren’t just numbers; they’re the oxygen for investment, jobs, and market gains. With such a tight link to the real economy, weaker profits…

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. Share Buyback Announcements U.S.companies have ramped up share repurchases this year—buyback authorizations are up 16%—signaling confidence and a continued push to boost shareholder value. Image: Goldman Sachs Global Investment Research

S&P 500 and Combination of Forward PE, VIX, Bullish Sentiment The Euphoriameter—a mix of forward P/E, VIX, and bullish sentiment—is rising back into levels where past rallies have lost momentum, flashing yellow for cycle-watchers. Image:…

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…

Share of Global Market Capitalization With 64% of the world’s equity market, the United States dominates global finance, drawing capital and setting trends that few others can match. Image: Goldman Sachs Global Investment Research