Consensus EPS Growth Estimate Following the initial Magnificent Seven earnings report on April 22, analysts revised full-year earnings estimates upward by 1.8% for the Magnificent Seven, but downward by 0.8% for the other 493 companies in the S&P 500. Image: J.P. Morgan Asset Management
S&P 500 Performance After >55% of Components Make a 20-Day High There’s good news for bulls: since 1970, the S&P 500 has gained an average of 16.3% in the 12 months after more than 55% of its components hit a 20-day high, with positive returns occurring 96.7% of the time. Image: Carson Investment Research
Average S&P 500 Performance Around Drawdowns Close to or Larger than 20% Since 1950 U.S. equities have experienced one of the sharpest drawdowns in the past 75 years. Historically, such sharp declines are often followed by strong recoveries. Image: Goldman Sachs Global Investment Research
S&P 500 Price Target Goldman Sachs has raised its S&P 500 target to 5,900 over the next three months, citing lower tariff rates and reduced recession risks following a significant easing in U.S.-China trade tensions. Image: Bloomberg
S&P 500 10% Drop in 2 Days While a 10% drop in the S&P 500 in just two days is both rare and alarming, historical trends reveal that sharp sell-offs are frequently followed by robust recoveries-providing investors with a reason to stay optimistic. Image: Carson Investment Research
Cyclical Minus Defensive Sectors Positioning The cyclical-minus-defensive sectors positioning at the 24th percentile indicates a defensive market stance, with investors heavily favoring sectors less sensitive to the economic cycle. Image: Deutsche Bank Asset Allocation
Earnings – S&P 500 Consensus EPS Revision The 2025 EPS revision trend follows historical patterns. With high initial estimates and ongoing macroeconomic uncertainty, investors should stay alert for possible further downward adjustments. Image: Goldman Sachs Global Investment Research
Nominal GDP as % World for Important Countries/Regions The Global South is rapidly emerging as the primary driver of global demographic and economic growth. For investors and businesses, it presents expanding markets and new opportunities that will be increasingly difficult to ignore. Image: Deutsche Bank
U.S. Dollar Exposure of Currency Hedge Funds Hedge funds have significantly increased their bearish bets against the U.S. dollar, reflecting widespread expectations that the dollar will weaken further against other major currencies. Image: J.P. Morgan
S&P 500 and Treasury Bond to Corporate BB High Yield Spread Widening credit spreads often signal upcoming declines in the S&P 500, serving as a valuable leading indicator of equity market stress because they typically react early to shifts in market sentiment and risk. Image: Real Investment Advice
S&P 500 Ratio to 1-Year MA vs. S&P 500 EPS S&P 500 market pricing broadly aligns with Deutsche Bank’s Q2 earnings growth forecast. Image: Deutsche Bank Asset Allocation