Seasonality – S&P 500 Cycle Composite for 2026 The S&P 500 Cycle Composite points to a constructive year-end. After the early-year correction, much of the usual midterm-year weakness may already be behind the market. Image:…
S&P 500 – Short Interest in SPY U.S. Equity ETF Short interest in SPY (S&P 500 ETF) remains near historic lows, suggesting investors are positioned for gains, not a sharp reversal. That leaves little short-covering…
S&P 500 Return on Equity (ROE) S&P 500 ROE is rising, but investors are beginning to question whether today’s exceptional returns are sustainable. For now, earnings expectations remain supportive. Image: Goldman Sachs Global Investment Research
S&P 500 Gross Buyback Growth Despite surging AI investment and increased equity issuance, corporate buybacks have picked up speed. S&P 500 gross buybacks jumped 15% year-over-year in the first half of 2026. Image: Goldman Sachs…
Average S&P 500 Stock Earnings Day Move Options markets are pricing in an average move of 5.4% for S&P 500 stocks after earnings reports this quarter. Image: Goldman Sachs Global Investment Research
Large Cap Sector Positioning MCG & Tech positioning has started to cool, but the trade remains crowded compared with the rest of the market. Image: Deutsche Bank Asset Allocation
S&P 500’s Average Annualized Return over the Next 10 Years, by Starting CAPE High starting valuations have often meant leaner returns. When the CAPE ratio was above 30, stocks gained just 1.4% a year on…
Pullbacks and Returns a Year Off the Lows for the S&P 500 Index Based on the 4-Year Presidential Cycle Since 1950, the S&P 500 has fallen an average of 17.5% during midterm years, the deepest…
S&P 500 Equity Risk Premium Investors have little room for error. With the equity risk premium at its lowest level in more than two decades, U.S. stocks offer less reward for the risks investors take.…
Global Sector Fund Flows Over the past year, investors have poured into tech funds as AI euphoria, surging chip stocks and rising earnings forecasts strengthened the bull case. How much longer can the momentum last?…
Sentiment – Risk Appetite and Expected U.S. Equity Market Performance U.S. equity fund managers are taking on more risk again after September’s decline, but they remain cautious about near-term returns, with rates, fiscal policy and…