S&P 500 – 10 Best September Returns Ever September is historically the worst month for U.S. stocks, but midterm election years have delivered some of the strongest Septembers on record. All four of the best September returns ever occurred in midterm years. Image: Carson Investment Research
Leveraged Fund Positions in NASDAQ-100 Futures Bears are piling into Nasdaq‑100 futures. Short positions have surged 35% since mid‑June and are now near record levels, setting up a sharp squeeze if momentum turns. Image: Goldman Sachs Global Investment Research
Cumulative Flows to Cryptocurrency Funds Cumulative flows into cryptocurrency funds have flipped positive for the first time since May 2026, driven by U.S. spot Bitcoin and Ethereum ETFs. Institutions are stepping back in, and risk appetite is picking up. Image: Deutsche Bank Asset Allocation
MOVE Index vs. S&P 500 The S&P 500 has been trading inversely to rate volatility. Warsh’s conventionally hawkish tone lowers the odds of catch-up tightening, which should help anchor rates vol and give stocks a tactical tailwind. Image: BCA Research
Total Return Performance (USD Terms) of Selected Assets in August Precious metals stole the show in August, with silver and gold each climbing double digits as money rotated into havens amid U.0.S debt worries, dollar softness, and a shifting Fed narrative. Image: Deutsche Bank
10-Year Government Bond Yield Sovereign bonds are selling off worldwide, not just in one market, as investors are concerned about higher energy prices, stickier inflation, tighter policy and a wave of government borrowing. Image: Alpine Macro
S&P 500 Average Monthly Performance Under President Trump September seasonality is flashing green. Under President Trump, U.S. stocks have closed higher in September in four out of five years, giving bulls reason to smile. Image: Carson Investment Research
Seasonality – Monthly Return Stats for the S&P 500 November has typically been a bright spot for U.S. stocks, with an average gain of 1.6%. Seasonal flows, holiday-spending optimism and year-end positioning could help extend the market’s appetite for risk. Image: Topdown Charts
Crypto Fund Flows Last week, cryptocurrency funds saw their biggest weekly inflows since May, driven largely by U.S. spot Bitcoin and Ethereum ETFs. Institutional money is back, and so is the risk appetite. Image: Deutsche Bank Asset Allocation
VIX Seasonality Summer calm rarely lasts. U.S. stock volatility usually kicks in about now. Does this time break the pattern? Image: Topdown Charts
Distributions of Returns of S&P 500 Since 1928 The S&P 500 has run well ahead of its long‑term median over the past years, but that kind of strength will be tough to repeat from today’s valuation levels. Image: Goldman Sachs Global Investment Research