Cumulative Change in Real S&P 500 and Real Profits The widening gap between the real S&P 500 index and real corporate profits is raising red flags about a potential stock market bubble. Image: Real Investment…
S&P 500 Valuation – Shiller’s Cyclically-Adjusted Price-To-Earnings (CAPE) Ratio The Shiller CAPE ratio currently exceeds historical norms. While valuation metrics aren’t reliable timing tools, investors should be aware that prolonged periods of high valuations typically…
Annual Total Returns While most markets average 5-10% returns annually, positive years can push this average to 10-15%, highlighting the potential for higher gains during favorable market conditions. Image: TS Lombard
MSCI World EPS The decline in MSCI AC World EPS consensus estimates for 2025 reflects a cautious stance among analysts as they navigate an uncertain economic landscape marked by slower growth and sector-specific challenges. Image:…
U.S. Equity ETF Flows Inflows to U.S. equity ETFs as a percentage of S&P 500 market cap have reached elevated levels, reflecting strong investor confidence in U.S. equities. Image: J.P. Morgan Positioning Intelligence
Federal Debt Outstanding % GDP and Federal Interest Payments % GDP Recent interest rate cuts are easing federal interest expenses but raise concerns about long-term fiscal sustainability, as interest payments are expected to increase significantly…
Market Sentiment Indicator Morgan Stanley’s current market sentiment indicator reflects a risk-negative outlook. Image: Morgan Stanley Research
ISABELNET Cartoon of the Day While bulls have faced significant challenges this week due to limited rate cuts in 2025 and market volatility, bears are finding reasons to be optimistic about potential corrections in the…
NAAIM Exposure Index – Investor Sentiment The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. With a reading of 82.50, the NAAIM Exposure…
The Conference Board Leading Economic Index (LEI) for the U.S. November’s 0.3% increase in the U.S. LEI suggests a favorable economic outlook. Image: The Conference Board
U.S. Money Market Funds Following the Fed’s first rate cut, U.S. money market funds typically experience outflows within 12 months as investors rebalance portfolios and reassess risk in response to changing interest rates and market…