Typical Path of S&P 500 Bottom-Up Consensus EPS Estimate

Typical Path of S&P 500 Bottom-Up Consensus EPS Estimate S&P 500 EPS revisions for 2024 are showing a more favorable trend compared to both the previous year, 2023, and the average revisions seen historically, which could potentially contribute to a positive sentiment in the market. Image: Goldman Sachs Global Investment Research

Cumulative Global Fund Flows

Cumulative Global Fund Flows Investors are showing less enthusiasm for equity funds. In contrast, flows into global bond and cash funds remain very strong, reflecting a prevailing investor sentiment towards these two asset classes. Image: Goldman Sachs Global Investment Research

VIX and Geopolitical Risk Index

VIX and Geopolitical Risk Index The VIX tends to be sensitive to geopolitical events and can serve as an indicator of market sentiment during times of heightened geopolitical risk. Image: Goldman Sachs Global Investment Research

S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth Earnings revisions breadth for both large and small caps has returned to negative territory, which means that the overall sentiment and expectations for future earnings have worsened. Image: Morgan Stanley Research

Weighted Average Price Target for S&P 500 Companies

Weighted Average Price Target for S&P 500 Companies Goldman Sachs price targets imply a +19.3% return over the next 12 months, which suggests a bullish sentiment and very optimistic outlook. Image: Goldman Sachs Global Investment Research

Bitcoin and Risk Appetite Indicator

Bitcoin and Risk Appetite Indicator Bitcoin and market sentiment tend to move in tandem. Image: Goldman Sachs Global Investment Research