Average S&P 500 Performance During Corrections In bear markets, sharp rallies are common but rarely signal a true bottom, as the primary downtrend tends to reassert itself afterward. Many investors believe the direction of U.S. stocks in 2025 remains uncertain. Image: Bloomberg
Cumulative Global Sector Fund Flows Strong inflows are continuing to bolster the technology sector, reflecting sustained bullish investor sentiment that supports the sector’s resilience and growth trajectory. Image: Deutsche Bank Asset Allocation
Median Non-Farm Payrolls in the 12 Months Before and After the Start of a U.S. Recession Consistently adding more than 100,000 payroll jobs each month is considered a vital cushion against recession worries. Continued growth at this pace could bolster confidence in the U.S. economy’s direction over the next few months. Image: Deutsche Bank
Equities – Global Valuation Range Non-U.S. markets currently trade at lower valuations than the U.S. but remain near their historical averages, not offering the deep discounts often seen during exceptional buying opportunities. Image: Goldman Sachs Global Investment Research
CTAs Exposure to Equities With equity allocations sitting in the 22nd percentile, Commodity Trading Advisors appear to maintain a cautious stance on the likelihood of positive returns in equities. Image: Deutsche Bank Asset Allocation
New York Fed GDP Nowcast The New York Fed’s Q2 2025 GDP Nowcast has been revised downward to 2.34%, down from 2.72% the previous week. Image: Federal Reserve Bank of New York Click the Image to Enlarge
Bear Market Rallies Since 1980, global bear market rallies have averaged 44 days with 14% gains. Prices have already rebounded 18% from the April 7 low. For a sustained recovery, a stronger economic outlook and supportive policies are needed. Image: Bloomberg
Proportion of S&P 500 Firms Mentioning Recession during Quarterly Earnings Calls The proportion of S&P 500 firms mentioning “recession” in their earnings calls has risen sharply to 24%, signaling growing worries about an economic slowdown despite continued positive earnings growth. Image: Goldman Sachs Global Investment Research
Earnings Surprises of S&P 500 Companies This quarter’s earnings season demonstrates continued resilience in corporate profitability. 51% of S&P 500 companies have beaten Q1 earnings estimates by at least 1 stdev., while 12% have missed by at least 1 stdev. Image: Goldman Sachs Global Investment Research
S&P 500 Index and Technical Score With a reading of 49.99, the U.S. stock market has moved from oversold to neutral territory, avoiding overbought conditions for now. Image: Real Investment Advice
Fear & Greed Index – Investor Sentiment For the first time in 2025, the Fear & Greed Index surged to 58, crossing into “greed” territory after months of prevailing fear. This transition highlights increasing investor confidence and a surge in buying interest. Image: Cable News Network