Category: Blog

ISABELNET Cartoon of the Day If bears are feeling sick about the S&P 500’s record highs, they should try some bullish medicine! Have a Great Day, Everyone! 😎

Valuation Metrics S&P 500 valuation metrics remain elevated by historical standards, raising concerns about potential market overvaluation. Image: Goldman Sachs Global Investment Research

CTAs Exposure to Gold CTAs’ positive attitude towards gold reflects their confidence in its potential for value appreciation and its role as a hedge against inflation and financial uncertainties. Image: Deutsche Bank Asset Allocation

Cumulative Sector Flows Despite concerns of potential overvaluation, investor optimism and confidence in the tech sector remain robust, driving significant inflows. Image: J.P. Morgan Equity Derivatives Strategy

U.S. CPI Inflation While U.S. inflation echoes the 1970s, different forces are at play. However, the prospect of 2025 tariffs and other economic policies warns against complacency. Image: Deutsche Bank

ISABELNET Cartoon of the Day Bulls are celebrating like it’s 1999 again, but this time with stronger earnings and fewer illusions! It’s already Wednesday, Happy “Hump” Day, Everyone! 🐫🐪😎

Sentiment – NFIB Small Business Optimism Index In November, the NFIB Small Business Optimism Index increased by 8 points to 101.7, driven by the recent election results, potentially boosting employment, investment, and economic activity. Image: J.P. Morgan

Market-Implied Probability of a Recession Starting Within 1 Year and Market-Implied Probability of Being in a Recession Concerns about a recession are like those pesky weeds in your garden: they never really go away, but at least the market thinks it’s finally time to trim them back—U.S. recession risk is at its lowest in two…

Total Cryptocurrency Market Capitalization The cryptocurrency market has witnessed significant growth recently, with its total market capitalization approaching US$4 trillion. Image: Gavekal, Macrobond

Gold Holdings vs. Gold Price The outlook for gold remains bullish, driven by falling interest rates and sustained central bank purchases, with multiple forecasts converging around the US$3,000 mark for gold prices by the end of 2025. Image: Goldman Sachs Global Investment Research

VIX – Volatility Index While the current low VIX suggests investors are feeling as calm as a cat in a sunbeam, it also serves as a warning about potential future volatility if market conditions shift unexpectedly. Image: Morgan Stanley Wealth Management