S&P 500 Earnings Surprise

S&P 500 Earnings Surprise Current estimates are forecasting an earnings surprise of 14.6% for the S&P 500, well above the long-run average of 7%. Image: J.P. Morgan Asset Management

SPY S&P 500 ETF – Day vs. Night Price Returns

SPY S&P 500 ETF – Day vs. Night Price Returns The S&P 500 loves the night. Since 1993, the real profits have been made outside regular trading hours. Image: Lohman Econometrics

ISM PMI vs. S&P 500

ISM PMI vs. S&P 500 Markets tend to lead the macro for most time periods. Image: BofA Global Investment Strategy

S&P 500 Payout Ratio

S&P 500 Payout Ratio The S&P 500 payout ratio has gradually declined over time, as S&P 500 companies turn to buybacks. Image: Goldman Sachs Global Investment Research