Asset Class Returns The dominance of U.S. large-cap stocks persists, with a strong return of 10.6% in Q1, outperforming other asset classes. This performance underscores the resilience and strength of the U.S. stock market. Image: J.P. Morgan Asset Management
S&P 500 NTM EPS vs. Total Return Level NTM EPS estimates exert a powerful influence on the performance and direction of the U.S. equity market, making them a significant driving force. Image: Morgan Stanley Research
U.S. Tech Stocks vs. Global Tech Stocks The remarkable outperformance of U.S. tech stocks underscores the competitive advantage and innovation prowess of U.S. companies, consistently surpassing global peers in growth and market value. Image: Topdown Charts
What Do You Think Is Currently the Most Crowded Trade? The “Long Magnificent Seven” trade remains widely considered the most crowded trade among FMS investors. The popularity of these stocks may be attributed to their robust performance and dominant position in the market. Image: BofA Global Fund Manager Survey
S&P 500 Net Long Futures Contracts Despite some profit-taking, asset managers and leveraged funds remain very net long S&P 500 futures, suggesting their positive outlook on the future performance of the U.S. stock market. Image: Deutsche Bank
Stocks – Will the “Magnificent Seven” Continue to Outperform this Year? 56% of JPM clients believe that the “Magnificent Seven” will continue to outperform the market this year, highlighting the significant level of confidence and optimism JPM clients have in the performance of these stocks. Image: J.P. Morgan
S&P 500 Equal Weight Index The performance of the S&P 500 Equal Weight Index continues to be influenced by factors such as economic conditions, market sentiment, and other macroeconomic indicators. Image: Morgan Stanley Research
Median Relative Return vs. S&P 500 During 12 Months Following Start of Fed Cutting Cycle During periods when the Fed cuts interest rates, the healthcare and staples sectors have shown relatively stronger performance compared to the broader market. Image: Goldman Sachs Global Investment Research
January’s Historical Returns Throughout history, the performance of the U.S. stock market in the month of January has often served as a reliable indicator for the overall trajectory of the market for the rest of the year. Image: Real Investment Advice
S&P 500 Index Quarterly Returns Based on the Four-Year Presidential Cycle The first quarter of an election year often exhibits a sluggish performance for the S&P 500 index, but as the year progresses, the market tends to regain strength, ultimately delivering a solid performance. Image: Carson Investment Research