World Technology vs. World Ex. TMT

World Tech + E-commerce vs. World ex-Tech & E-commerce The secular trend in the market has been deflation (credit & tech) dominating inflation, as $100 of EPS in 1995 is now $1,500 in the technology…

Median 2-Week S&P 500 Returns

Median 2-Week S&P 500 Returns Bulls have reason to be optimistic, as the S&P 500 has historically delivered strong positive performance during the final two weeks of April since 1950. Image: Goldman Sachs Global Investment…

U.S. 10Y-3M Yield Curve

U.S. 10Y-3M Yield Curve While a steepening inverted yield curve has historically served as a warning sign for U.S. recessions, its predictive power may be less definitive in this cycle. Image: J.P. Morgan

U.S. Equity Index P/E Valuations vs. History

U.S. Equity Index P/E Valuations vs. History Despite recent price declines, neither the tech sector nor the S&P 500 looks historically cheap. Image: Goldman Sachs Global Investment Research

Consolidated Equity Positioning

Consolidated Equity Positioning Consolidated equity positioning at the 2nd percentile highlights elevated risk aversion in today’s market, suggesting significant upside potential should trade tensions ease. Image: Deutsche Bank Asset Allocation

Sentiment Indicator and Stock Positioning

Sentiment Indicator and Stock Positioning Goldman Sachs’ U.S. Equity Sentiment Indicator currently stands at -1.7, signaling a potential contrarian buying opportunity in the market. Image: Goldman Sachs Global Investment Research

ISABELNET Cartoon of the Day

ISABELNET Cartoon of the Day With U.S. stocks down YTD, bears are busy penning eulogies for the market. Bulls, however, are buying the dip like it’s Black Friday—happier than kids in a candy store! Have…

Discretionary vs. Systematic Equity Positioning

Discretionary vs. Systematic Equity Positioning Following the 90-day reprieve on reciprocal tariffs, discretionary investors slightly increased their positions, whereas systematic strategies saw sharp reductions, likely due to lingering uncertainty over tariff implications. Image: Deutsche Bank…

Estimated U.S. Recession Probability

Estimated U.S. Recession Probability Goldman Sachs revised its 12-month US recession forecast to 45%, down from 65%, citing reduced risks after the tariff pause. Image: Goldman Sachs Global Investment Research