S&P 500 Performance After Eight Week Wins Streaks Up >12% An eight-week winning streak and a rise of more than 12% set the tone. Since 1950, U.S. stocks have followed up with a median 12-month return of 20.1% and have never finished lower. That is the kind of backdrop bulls like. Image: Carson Investment Research
S&P 500 Weekly Announced Buybacks Buyback announcements are picking up across corporate America, pointing to healthy balance sheets and a greater appetite to spend surplus cash. That wave is supporting equities and keeping sentiment constructive. Image: Deutsche Bank Asset Allocation
S&P 500 Performance Around Issuance Upcycles Past issuance waves tell a familiar story: they usually line up with strong U.S. equity performance, underpinned by steady buying interest. That pattern is tough to ignore in a rising market. Image: Deutsche Bank Asset Allocation
Equity Fund Flows vs. S&P 500 EPS Growth Investors are pouring into equities on the back of solid earnings momentum. As long as earnings hold up, the trend should carry on. Image: Deutsche Bank Asset Allocation
Volatility – VIX and SKEW Index The VIX–SKEW divergence is less about calm and more about caution. Volatility looks subdued, but the steady rise in SKEW suggests investors are quietly paying up for protection against a downside shock. Image: Real Investment Advice
Dow Jones Performance Under Various Federal Reserve Bank Chairs The Dow has performed well under Jerome Powell, delivering an annualized return of 8.4%, comfortably above the long-term average of 6.2%. That puts him 8th among the 16 Fed chairs. Will Kevin Warsh do better? Image: Carson Investment Research
2-Month U.S. Equity/U.S. 10-Year Bond Yield Correlation The two-month correlation between U.S. equities and 10-year yields has broken down to late-1990s extremes, typically a recipe for higher volatility and greater pressure on duration-sensitive sectors, especially growth stocks. Image: Goldman Sachs Global Investment Research
S&P 500 Valuations The U.S. market looks cyclically overheated. Valuation composites show stretched conditions, raising the risk of a sharp correction. So far, however, recession signals remain absent. Image: Topdown Charts
After Narrow Market Leadership: Drawdowns in the Leading Sector Across decades, concentrated leadership has signaled fragile market health: when only a few sectors drive gains, weakening breadth tends to precede sharp declines. Image: Real Investment Advice
S&P 500 Performance per Year of a 4-Year Presidential Cycle Midterm years have a reputation for shaky markets. History tells a different story in second presidential terms, with U.S. stocks averaging an 8.8% gain since 1950. Those midterm jitters tend to fade quicker than investors expect. Image: Carson Investment Research
U.S. ETF and Mutual Fund Flows Over the past year, U.S. investors have favored bonds and money market funds over riskier equities, with geopolitical tensions hanging over markets and interest rates staying elevated. Image: Goldman Sachs Global Investment Research