S&P 500 and Global Central Bank Rate Cuts With most central banks cutting rates or holding steady over the past six months, the easy policy mood has helped lift risk appetite and pushed markets like the S&P 500 higher. Image: Bloomberg
Median Stock Short Interest as % of Market Capitalization – Russell 2000 vs. Nasdaq 100 vs. S&P 500 Short sellers are crowding into U.S. small‑caps, where weaker balance sheets, higher borrowing costs, and exposure to slower growth make easy targets. Image: Goldman Sachs Global Investment Research
Sectors Positioning (High Frequency) Positioning in mega-cap growth and tech names has eased but stays lofty compared with other sectors. Valuation worries are prompting some trimming, but the broader growth narrative is far from broken. Image: Deutsche Bank Asset Allocation
Valuation – Real S&P 500 Index with Recessions and S&P 500 Shiller CAPE Ratio Markets move in full cycles, swinging from long bull runs to deep bear phases. These patterns have played out time and again through history and remain essential to grasp for anyone focused on long-term investing. Image: Real Investment Advice
S&P 500 Annual Highs Per Month It’s still a bull market to love, even as the bears grow louder. History rarely sees the S&P 500 peak in October, and with new highs within reach, U.S. stocks may still have more room to run. Image: Carson Investment Research
Equities – 10-Year Forward Annualized Total Returns in Local Currency Rich valuations aren’t stopping Goldman Sachs from backing global equities, with Emerging Markets and Asia seen leading performance over the next 10 years. Image: Goldman Sachs Global Investment Research
Mentions of AI During Earnings Calls AI is taking center stage in corporate America, with an increasing number of S&P 500 companies spotlighting it in their earnings calls, and the momentum shows no signs of slowing. Image: Goldman Sachs Global Investment Research
S&P 500 Returns When New Highs Are Made In October A slow start to November may not tell the whole story. When the S&P 500 hits a new high in October, history leans bullish, with the index averaging 3.5% over November and December and finishing higher nearly nine times out of ten. Image: Carson Investment…
Seasonality – S&P 500 Cycle Composite for 2025 Early November weakness hasn’t derailed the bulls. Seasonal tailwinds, strong earnings, and steady inflows are lining up behind a potential year-end rally in the S&P 500. Image: Ned Davis Research
Hyperscaler Quarterly Capex Growth Hyperscalers may soon hit the brakes on capital spending, potentially hurting valuations. But in doing so, they risk ceding ground in the AI race, where fierce competition and tight supply chains leave little room to slow down. Image: Goldman Sachs Global Investment Research
Margin Debt to U.S. Market Cap While margin debt has been rising, its share of total U.S. market value still sits at manageable levels. That keeps leverage risks in check and suggests investors could take on more borrowing if equities keep their momentum. Image: Bloomberg