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 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 Index Returns in November Historically, the last week of November tends to be bullish for U.S. stocks, suggesting positive market sentiment and upward stock price trends during this specific period. Image: Carson Investment Research
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
U.S. Small-Cap Stocks – Russell 2000 U.S. small-cap stocks have now fallen below pre-COVID high, indicating a market sentiment shift and highlighting ongoing challenges for small-cap companies in the current economy. Image: BofA Global Investment Strategy
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
Valuation – MSCI U.S. 12-Month Forward P/E Relative to MSCI World Ex. U.S. There is a prevailing sentiment suggesting that U.S. equity valuations are not currently appealing. Image: J.P. Morgan
U.S. IG Credit Spread U.S. investment-grade credit spreads have reached their lowest point since 2005, reflecting growing investor sentiment and confidence in future economic conditions. Image: Deutsche Bank
AAII Survey – Average S&P 500 Returns After % of Bullish Investors Dropped Below 20% The AAII Bullish Sentiment is below 20%, which is contrarian bullish. Image: Truist
S&P 500 Index vs. Conference Board Consumer Confidence Index The S&P 500 Index and consumer sentiment have diverged since July 2021. Should investors expect market weakness? Image: Morgan Stanley Wealth Management