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…
S&P 500 Company Guidance vs. Consensus Growth Expectations The S&P 500 is on track for another quarter of solid earnings growth, led by tech. This quarter, growth is expected to spread to other sectors, too.…
Median 2-Week S&P 500 Returns October has been kind to the S&P 500 so far. After a strong first half, stocks may have more room to climb: historically, the second half of October tends to…
Oil Prices Forecasts Oil prices eased in Q3 but remain high. For S&P 500 companies, the earnings hit is usually modest, as they pass on higher costs and cut spending. Image: Deutsche Bank Asset Allocation
S&P 500 Performance 1-Year After Midterm Elections Midterm elections have been a reliable tailwind for stocks: the S&P 500 has risen over the following year every time since 1950, averaging a 14.8% gain. No doubt,…
S&P 500 Quarterly Earnings Growth S&P 500 earnings are expected to grow 34% year over year in Q3, a pace more typical of the early stages of an economic recovery. Image: Deutsche Bank Asset Allocation
U.S. Share Buyback Authorization Announcements AI spending is grabbing attention, but buybacks are fueling the rally on Wall Street. U.S. companies have authorized a record $1.141 trillion in repurchases this year, providing strong support for…
S&P 500 – Length of Bull Markets and When They Started Born in October 2022, this bull market is now four years old. Bulls are smiling: over the past 50 years, every bull market to…