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	<title>Search Results for &#8220;global equity&#8221; &#8211; ISABELNET</title>
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	<description>Advanced Stock Market Forecast for Professional and Individual</description>
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	<title>Search Results for &#8220;global equity&#8221; &#8211; ISABELNET</title>
	<link>https://www.isabelnet.com</link>
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		<title>Equity Market Concentration &#8211; Market Capitalization of 10 Largest Companies as Share of S&#038;P 500 Total</title>
		<link>https://www.isabelnet.com/equity-market-concentration-market-capitalization-of-10-largest-companies-as-share-of-sp-500-total/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 23 Jul 2026 08:31:56 +0000</pubDate>
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					<description><![CDATA[Equity Market Concentration &#8211; Market Capitalization of 10 Largest Companies as Share of S&#38;P 500 Total What once mirrored the market now moves it. The top 10 S&#38;P 500 stocks account for 39% of the index and 35% of earnings, lifting valuations and adding more volatility. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>Effective Corporate Tax Rate</title>
		<link>https://www.isabelnet.com/effective-corporate-tax-rate/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 23 Jul 2026 08:30:23 +0000</pubDate>
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					<description><![CDATA[Effective Corporate Tax Rate Corporate tax rates have fallen since the 1980s in many markets, with little movement in the past few years. That tailwind has often translated into higher dividends and increased buybacks, reinforcing equity market performance. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>MSCI Equity Indexes, Total Return in US$</title>
		<link>https://www.isabelnet.com/price-return-indexes-msci-world-ex-us-and-us-valueline-composite-index/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 21 Jul 2026 08:30:10 +0000</pubDate>
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		<guid isPermaLink="false">https://www.isabelnet.com/?p=33582</guid>

					<description><![CDATA[MSCI Equity Indexes, Total Return in US$ Since Trump&#8217;s inauguration, U.S. equities have lagged their global peers, with Europe ahead by 12%, Japan by 17%, and emerging markets by 27%. Image: Gavekal, Macrobond]]></description>
		
		
		
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		<title>Sentiment Indicator and Stock Positioning</title>
		<link>https://www.isabelnet.com/sentiment-indicator-and-stock-positioning/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Mon, 20 Jul 2026 08:31:15 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=24047</guid>

					<description><![CDATA[Sentiment Indicator and Stock Positioning Goldman Sachs&#8217; U.S. equity sentiment indicator stands at 0.9, a level that has historically been followed by an average 1.1% gain in the S&#38;P 500 over the next month.. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>U.S. Equity Index P/E Valuations vs. History</title>
		<link>https://www.isabelnet.com/valuation-sp-500-next-twelve-months-p-e-multiple/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Mon, 20 Jul 2026 08:30:45 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=38830</guid>

					<description><![CDATA[U.S. Equity Index P/E Valuations vs. History Risk appetite is still intact. The Russell 2000 trades at 26 times forward earnings, versus 25 for the Nasdaq 100 and 20 for the S&#38;P 500. It is hardly cheap, but demand for equities is still alive. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>Sentiment &#8211; Risk Appetite and Expected U.S. Equity Market Performance</title>
		<link>https://www.isabelnet.com/risk-appetite-and-expected-u-s-equity-market-performance/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 16 Jul 2026 08:30:56 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=77559</guid>

					<description><![CDATA[Sentiment &#8211; Risk Appetite and Expected U.S. Equity Market Performance Risk appetite among U.S. equity fund managers held up in July, though it was hardly enthusiastic. Valuations, geopolitics and monetary policy are still weighing on near-term return expectations. Image: S&#38;P Global Market Intelligence]]></description>
		
		
		
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		<title>Valuations &#8211; 12-Month Forward P/E Ranges (MSCI Regions)</title>
		<link>https://www.isabelnet.com/valuation-12-month-forward-p-e-ranges-msci-regions/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 10 Jul 2026 08:30:51 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=83430</guid>

					<description><![CDATA[Valuations &#8211; 12-Month Forward P/E Ranges (MSCI Regions) U.S. and global equity valuations remain rich, but earnings are carrying the market for now. As long as profits hold up, that premium does not look like a major problem for investors. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>S&#038;P 500 Trailing 4-Quarter Net Profit Margin (Ex. Financials)</title>
		<link>https://www.isabelnet.com/sp-500-quarterly-net-margins-ex-financials/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 08:30:57 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=50129</guid>

					<description><![CDATA[S&#38;P 500 Trailing 4-Quarter Net Profit Margin (Ex. Financials) With S&#38;P 500 profit margins holding near 13% and rates still low, equity valuations have more room to breathe. Goldman Sachs now expects 7% annual returns over the coming decade, lifting its long‑term call from 3% back in 2024. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>YTD Cumulative Global Fund Flows into U.S. Equities</title>
		<link>https://www.isabelnet.com/flows-into-equities-funds/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Wed, 01 Jul 2026 08:30:06 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
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					<description><![CDATA[YTD Cumulative Global Fund Flows into U.S. Equities U.S. equity inflows have been running hot this year, with leveraged bets on U.S. exceptionalism still firmly in place. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>Cumulative Global Equity Fund Flows Across Regions</title>
		<link>https://www.isabelnet.com/cumulative-global-equity-fund-flows-across-regions/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 08:30:00 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
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					<description><![CDATA[Cumulative Global Equity Fund Flows Across Regions U.S. equity inflows are holding up well and have picked up pace in recent months, adding fuel to the market&#8217;s upward momentum. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<item>
		<title>ROE for Mega-Cap Tech and the Rest of the S&#038;P 500</title>
		<link>https://www.isabelnet.com/sp-500-ltm-return-on-equity-roe/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Mon, 22 Jun 2026 08:30:27 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=14455</guid>

					<description><![CDATA[ROE for Mega-Cap Tech and the Rest of the S&#38;P 500 Mega-cap tech&#8217;s return on equity is expected to face headwinds and decline through 2028, while the rest of the S&#38;P 500 sees ROE trending higher. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>Median Stock Return on Equity vs. P/E Valuation</title>
		<link>https://www.isabelnet.com/sp-500-sector-return-on-equity-vs-price-to-book-valuation/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 08:30:36 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=30265</guid>

					<description><![CDATA[Median Stock Return on Equity vs. P/E Valuation Profitability gaps go a long way in explaining why equity indices trade at different valuations. Companies that generate higher returns on equity typically earn richer multiples. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
		<item>
		<title>S&#038;P 500 Cyclically-Adjusted P/E Ratio (CAPE) vs. S&#038;P 500 Return on Equity (ROE)</title>
		<link>https://www.isabelnet.com/10-year-sp-500-total-excess-return-over-u-s-treasury-notes-vs-cape/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 16 Jun 2026 08:30:47 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=84237</guid>

					<description><![CDATA[S&#38;P 500 Cyclically-Adjusted P/E Ratio (CAPE) vs. S&#38;P 500 Return on Equity (ROE) Record profitability is helping justify elevated S&#38;P 500 valuations, with trailing four-quarter ROE at 22%, a historic high. But if margins come under pressure and ROE slips, that support could quickly weaken. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
		<item>
		<title>Capex as % of Cash Flow from Operations</title>
		<link>https://www.isabelnet.com/gwim-cash-flows/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 11 Jun 2026 08:31:54 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=33073</guid>

					<description><![CDATA[Capex as % of Cash Flow from Operations All signs point to hyperscalers reinvesting nearly all operating cash flow into capex, a tailwind for infrastructure suppliers but a potential headwind for equity returns if free cash flow fails to recover. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>U.S. Tech Media Telecom Valuations vs. ROE</title>
		<link>https://www.isabelnet.com/performance-tech-vs-sp-500-price-relative/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 11 Jun 2026 08:30:56 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=63069</guid>

					<description><![CDATA[U.S. Tech Media Telecom Valuations vs. ROE Investors are still willing to pay a premium for U.S. tech, media, and telecom stocks, and with robust returns on equity, those valuations look broadly justified. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>U.S. Equity Market Speculative Trading Indicator</title>
		<link>https://www.isabelnet.com/market-timing-indicator/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 09 Jun 2026 08:30:36 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=33883</guid>

					<description><![CDATA[U.S. Equity Market Speculative Trading Indicator Animal spirits are building, but not yet overheating. Retail activity and Goldman Sachs&#8217;s Speculative Trading Indicator are firm, still short of past cycle peaks. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>Number of U.S. IPOs</title>
		<link>https://www.isabelnet.com/number-of-u-s-ipos/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 04 Jun 2026 08:30:16 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=74846</guid>

					<description><![CDATA[Number of U.S. IPOs 40 U.S. companies have gone public so far this year, while Goldman Sachs expects roughly 100 IPOs to raise about $160 billion in 2026. Geopolitical uncertainty and recent equity market volatility have kept issuance in check. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>Average Percentile Rank for U.S. Equity Market Concentration, Valuation, and Magnitude of Rally</title>
		<link>https://www.isabelnet.com/stock-market-concentration-sp-500-stoxx-europe-600-and-topix/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Mon, 01 Jun 2026 08:30:19 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=49585</guid>

					<description><![CDATA[Average Percentile Rank for U.S. Equity Market Concentration, Valuation, and Magnitude of Rally U.S. equities are flashing familiar signs: rich valuations, heavy concentration, and outsized recent returns. This is less a signal that a crash is imminent and more a reminder that expectations leave little room for error. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>Annual U.S. Equity Issuance as % of Russell 3000 Market Cap</title>
		<link>https://www.isabelnet.com/u-s-equity-issuance/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 28 May 2026 08:30:02 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=39336</guid>

					<description><![CDATA[Annual U.S. Equity Issuance as % of Russell 3000 Market Cap &#8220;$600 billion in U.S. equity issuance in 2026&#8221; grabs attention and feeds the doom narrative. But relative to the total value of U.S. equities, it is not that large. Big number, yes, but scale matters. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
		<item>
		<title>2-Month U.S. Equity/U.S. 10-Year Bond Yield Correlation</title>
		<link>https://www.isabelnet.com/u-s-equity-and-bond-correlation/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 22 May 2026 08:30:44 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=15986</guid>

					<description><![CDATA[2-Month U.S. Equity/U.S. 10-Year Bond Yield Correlation The two-month correlation between U.S. equities and 10-year yields has broken down to late-1990s extremes, typically a recipe for higher volatility and greater pressure on duration-sensitive sectors, especially growth stocks. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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