S&P 500 Sectors Announced Buybacks (Last 3 Months) Over the last three months, announced stock buybacks in the U.S. market have been primarily driven by the Healthcare, Energy, and Financial sectors. Image: Deutsche Bank Asset…
Valuation – S&P 500 Forward P/E Ratio vs. 10-Year U.S. Treasury Yield The 10-year U.S. Treasury yield surpassing 4.5% is creating a headwind for equity valuations and potentially dampening investor sentiment. Image: Morgan Stanley Wealth…
ISABELNET Cartoon of the Day Ignoring climate risks in your portfolio is like wearing a parka in a sauna—you might feel cozy now, but you’re in for a sweaty surprise later! Have a Great Day,…
Earnings Growth While mega-cap tech companies are expected to retain their market dominance, their earnings per share growth may slow down, potentially narrowing the gap between their EPS growth and that of other S&P 500…
Currency Futures Positioning Despite already high U.S. dollar positioning, Goldman Sachs has upgraded its forecast for the U.S. dollar, expecting it to rally by about 5% in the next 12 months. Image: Deutsche Bank Asset…
U.S. Breakeven Inflation Rate While U.S. inflation breakeven rates have been moving higher recently, inflation expectations remain relatively well-anchored, which is crucial for maintaining price stability and economic confidence. Image: Goldman Sachs Global Investment Research
Percentage Contribution of Returns Between Dividends, Earnings and Valuation While multiple expansion has played an important role in boosting S&P 500 returns, future performance may depend more on earnings growth. Image: Goldman Sachs Global Investment…
Bloomberg Dollar Spot Index and USD Bets Leveraged Funds Investors, particularly hedge funds, are showing a strong bullish sentiment towards the U.S. dollar, with positioning now at its highest level since January 2019, while Goldman’s…
S&P 500 Quarterly YoY EPS Growth Relative to Consensus Expectations S&P 500 earnings growth has consistently exceeded expectations in recent years, reflecting strong corporate performance and favorable economic conditions, leading analysts to remain optimistic about…
Insider Transactions Ratio The Insider Transactions Ratio is back in bearish territory, indicating a prevailing sense of caution among corporate insiders. Image: Barron’s
Equity Market Concentration – Market Capitalization of 10 Largest Companies as Share of S&P 500 Total The top 10 stocks in the S&P 500 have a significantly larger weight in the index compared to their…