Wealth and Spending by Income Quintile in the U.S. The middle 60% of Americans control just 26% of the nation’s wealth but account for more than half of all spending. Whether they can keep it up depends on how long the labor market stays strong. Image: J.P. Morgan Asset Management
Discretionary Investors Equity Positioning vs. S&P 500 EPS Growth Discretionary investors are bracing for a sharp slowdown in earnings growth that’s increasingly hard to square with the data. If that gloom lifts, risk appetite could snap back and drive equities higher. Image: Deutsche Bank Asset Allocation
U.S. Consumer Inflation Expectations U.S. households aren’t convinced the Fed has inflation under control. Expectations for the next year sit above the 2% goal, and longer-term views hover near 3%. Could easing too fast entrench higher inflation? Image: The Daily Chartbook
S&P 500 2026 Target Oppenheimer Asset Management expects the S&P 500 to surge 18% next year, lifting the index to 8,100 by end-2026 as solid growth, resilient earnings, and looser monetary policy keep the rally intact. Image: Bloomberg
S&P 500 2026 Price Target Major banks see the S&P 500 averaging 7,500 by the end of 2026, roughly 10% above current levels. Deutsche Bank is the most bullish, calling for 8,000 as earnings broaden beyond tech leaders and AI momentum holds. Image: Financial Times
S&P 500 Buybacks S&P 500 buybacks have cooled in recent months, but the slowdown looks more like a breather after record highs than a sign of lasting weakness, with many analysts betting on a rebound in 2026. Image: Deutsche Bank Asset Allocation
S&P 500 vs. Bitcoin Bitcoin usually tracks risk assets like equities, but in 2025 it broke away from the U.S. stock rally, surprising traders who expected a lift from President Donald Trump’s pro‑crypto stance and growing institutional interest. Image: Bloomberg
ISM Composite Index vs. Recessions The economically weighted ISM composite paints a picture of moderation. Growth has cooled, not cracked. Image: Real Investment Advice
The Largest Cumulative Losses Before Young/Start-Up Companies Turned a Profit As OpenAI’s revenue rises, the question looms: can it reach profitability by 2029 while spending so heavily to fuel the AI race? Image: Deutsche Bank
U.S. Valuations: PE10 Ratio The PE10 ratio points to U.S. mid- and small-cap stocks as a valuation sweet spot and potentially poised for better future returns than large caps. Image: Topdown Charts
S&P 500 and Equity ETF Flows ETF equity inflows aren’t necessarily a sell signal for the S&P 500 right now, but they spotlight a market chasing risk. With stocks and flows climbing fast together, sentiment could face a tougher stretch in 2026. Image: Strategas Asset Management