U.S. Stock Market Bull and Bear Indicator – S&P 500 Wednesday, our Stock Market Bull & Bear Indicator was bullish well before the opening bell and the S&P 500 didn’t disappoint, ending the day up 1.05%. Using multiple financial data, this great model helps investors navigate through different market conditions. It suggests whether the U.S.…
S&P 500 Returns Following Major Geopolitical Events History shows the same script in over 20 major events since WWII: markets snap back quicker than feared, and those who hold their nerve often win. Panic usually hurts more than the shock itself. Image: Real Investment Advice
Distribution of S&P 500 Annual Returns Since 1928, double-digit annual losses in the S&P 500 have been the exception, not the rule, occurring only 12 times. Today, with record earnings, elevated margins, and sustained AI spending, momentum continues to favor higher prices. Image: Carson Investment Research
S&P 500 Quarterly Net Profit Margin (ex. Financials & Utilities) Profits across corporate America are running hot, and with margins set to widen into 2026, the bullish narrative keeps gaining traction. The momentum is hard to ignore, but margins do not expand forever. Image: Goldman Sachs Global Investment Research
Valuations – 12-Month Forward P/E Multiple – MSCI Regions, STOXX 600 and S&P 500 Markets may have pulled back, but valuations are still elevated worldwide. Strong earnings are doing the work, and as long as that continues, multiples are unlikely to crack. Image: Goldman Sachs Global Investment Research
Global Economy – GDP Growth Projections The IMF projects global growth at 3.1% in 2026 and 3.2% in 2027. Robust tech investment, steady policy support, and a surprisingly flexible private sector are keeping momentum alive despite the Middle East conflict. Image: International Monetary Fund
GS Financial Conditions Index With rates lower and equities climbing, looser US financial conditions are giving both consumer spending and business investment a stronger tailwind. Confidence often strengthens in step. Image: Goldman Sachs Global Investment Research
S&P 500 Drawdowns from 52-Week High and the First Two Years of a New Fed Chair’s Term Fed leadership changes don’t usually shake markets on their own. It’s the macro picture and prior positioning that set the tone. The shift only bites if it clashes with what markets were expecting in the first place. Image:…
S&P 500 Sector P/E Valuations Relative to History S&P 500 Financials are still trading at relatively modest valuations compared with other sectors, while Industrials are creeping into stretched valuations. Image: Goldman Sachs Global Investment Research
Hyperscaler Capex Hyperscaler capex is poised to climb to $674 billion this year and $794 billion in 2027, but the path won’t be entirely smooth. Episodes of overcapacity may slow momentum as demand and returns come back into line. Image: Goldman Sachs Global Investment Research
Risk Appetite Indicator Goldman Sachs’s Risk Appetite Indicator is on the rise. Investors are stepping back into risk with few signs of overheating. Confidence is improving, but not getting ahead of itself. Image: Goldman Sachs Global Investment Research