Economy-Wide Firm AI Adoption Rate AI adoption keeps gaining ground, with 17.3% of firms already using artificial intelligence in their regular operations, a share projected to top 21.1% within six months. Image: Goldman Sachs Global…
S&P 500 and NAAIM Index Above 97 Active managers have a habit of chasing rallies and selling near lows. Last week, their equity exposure climbed to 97.13, a level usually seen around short-term market peaks.…
Contribution to S&P 500 EPS Growth The seven biggest S&P 500 stocks are set to drive 46% of the index’s EPS growth in 2026, down slightly from a 50% share this year as the rest…
S&P 500 Earnings Yield Based on Shiller Cyclically-Adjusted P/E The S&P 500’s earnings yield, based on Shiller’s cyclically adjusted P/E, sits near century lows. But if history is any guide, valuations can defy gravity for…
U.S. Unemployment Rate and U.S. Heavy Trucks Sales (Leading Indicator) Sales of U.S. heavy trucks tend to lead the economic cycle. When they drop, unemployment usually starts rising about six months later. Image: Goldman Sachs…
S&P 500 Quarterly Net Profit Margin (ex. Financials & Utilities) The S&P 500 has never been so profitable, and analysts expect margins to widen through 2026, keeping the bull story intact. Image: Goldman Sachs Global…
S&P 500 and Combination of Forward PE, VIX, Bullish Sentiment After a brief reset earlier this year, the Euphoriameter, which tracks forward P/E, the VIX, and bullish sentiment, continues to roll over from record optimism,…
S&P 500 Index and 50-Day Moving Average After holding above its 50-day moving average, a key level traders watch to gauge momentum, the S&P 500 slipped below that support Wednesday as sellers came back into…
Bitcoin Annual Returns Bitcoin is sliding toward a year of losses, and this one comes without the usual chaos. No fraud, no implosion, just a quieter, more mature market learning that pain isn’t always tied…
Earnings Sentiment (Analyst Upgrades Minus Downgrades Across Markets) Earnings sentiment for the U.S. has cooled from earlier highs but stays positive overall, with strong corporate results helping to temper recession fears and sustain the bull…
S&P 500 Index Performance in Year +1 After Three Consecutive >=+20% Gains While some volatility is likely, momentum still favors the bulls. After a powerful run from 2023 to 2025, the S&P 500 Index could…