Cumulative Flows to Cryptocurrency Funds Cumulative flows into cryptocurrency funds have flipped positive for the first time since May 2026, driven by U.S. spot Bitcoin and Ethereum ETFs. Institutions are stepping back in, and risk appetite is picking up. Image: Deutsche Bank Asset Allocation
MOVE Index vs. S&P 500 The S&P 500 has been trading inversely to rate volatility. Warsh’s conventionally hawkish tone lowers the odds of catch-up tightening, which should help anchor rates vol and give stocks a tactical tailwind. Image: BCA Research
Total Return Performance (USD Terms) of Selected Assets in August Precious metals stole the show in August, with silver and gold each climbing double digits as money rotated into havens amid U.0.S debt worries, dollar softness, and a shifting Fed narrative. Image: Deutsche Bank
10-Year Government Bond Yield Sovereign bonds are selling off worldwide, not just in one market, as investors are concerned about higher energy prices, stickier inflation, tighter policy and a wave of government borrowing. Image: Alpine Macro
S&P 500 Average Monthly Performance Under President Trump September seasonality is flashing green. Under President Trump, U.S. stocks have closed higher in September in four out of five years, giving bulls reason to smile. Image: Carson Investment Research
Crypto Fund Flows Last week, cryptocurrency funds saw their biggest weekly inflows since May, driven largely by U.S. spot Bitcoin and Ethereum ETFs. Institutional money is back, and so is the risk appetite. Image: Deutsche Bank Asset Allocation
VIX Seasonality Summer calm rarely lasts. U.S. stock volatility usually kicks in about now. Does this time break the pattern? Image: Topdown Charts
Distributions of Returns of S&P 500 Since 1928 The S&P 500 has run well ahead of its long‑term median over the past years, but that kind of strength will be tough to repeat from today’s valuation levels. Image: Goldman Sachs Global Investment Research
Seasonality – S&P 500 Average Monthly Returns Since 1950 September has earned its reputation as the S&P 500’s worst month, the only one with a negative average return since 1950. Then comes the final quarter, historically one of the market’s most rewarding periods. Image: Real Investment Advice
S&P 500 Average Monthly Returns Since 1964 September is typically a weak month for U.S. equities, and midterm years tend to make it worse. Once Election Day passes, uncertainty lifts and markets frequently improve. Image: Real Investment Advice
S&P 500 Performance After a Positive August and YTD Between 10% and 17.5% History says this setup is bullish. Since 1945, when August closed in the green with the market up between 10% and 17.5% year-to-date, September through December rallied 91% of the time, with an average 5.6% return. Image: Carson Investment Research