U.S. Households’ Allocation to Equity, Bond and Cash Current high levels of U.S. household equity allocation may signal potential risks for future investors, as historical trends suggest this often precedes lower market returns. Image: Goldman…
Gold Prices in 2024 U.S. Dollars The real (inflation-adjusted) price of gold has reached a new all-time high, driven by several factors including U.S. tariff uncertainties, geopolitical tensions, and increased demand from global central banks.…
S&P 500 Aggregate EPS Surprise Corporate America has once again demonstrated its ability to sustain profit margins, with a strong Q4 2024 earnings season surpassing expectations by a significant margin. Image: Morgan Stanley Research
ISABELNET Cartoon of the Day Since the start of the year, U.S. stocks have been so weak on Fridays that bears are starting to think it’s their designated selling day—good time to take profits! Happy…
Capital Expenditure by Magnificent Seven Companies vs. Share Price Index Major U.S. tech companies are maintaining their focus on AI infrastructure investment, even as DeepSeek’s breakthroughs raise questions about spending sustainability. Image: Goldman Sachs Global…
Inflation Mentions on Earnings Calls Mentions of “inflation” during S&P 500 companies’ earnings calls have plummeted to their lowest levels in years, reflecting a shift in corporate concerns and economic conditions. Image: Bloomberg
Fed Funds Rate – Target Probabilities at the Fed’s FOMC Meeting Traders exhibit little optimism for a Fed rate cut at the March 19, 2025 FOMC meeting, with market expectations showing only a 2.5% probability…
S&P 500 Index Returns in February In February, U.S. stocks often exhibit a Jekyll-and-Hyde nature: performing relatively well in the first half, but tending to underperform in the second half, giving bears a reason to…
U.S. Core CPI and Headline Inflation Goldman Sachs forecasts U.S. core CPI inflation to be 2.8% year-over-year by the end of 2025, factoring in the impact of tariffs. Without tariffs, their projection for core CPI…
Different Market Sentiment Indicators While U.S. equity position remains strong, the reintroduction of Trumponomics and its policies is reshaping investor sentiment, causing increased market volatility and a recent shift towards more defensive strategies. Image: Goldman…
Equity Sector Flows The financial sector continues to experience strong inflows, benefiting from both fundamental and regulatory tailwinds, while health care and energy sectors face ongoing outflows. Image: J.P. Morgan Equity Derivatives Strategy