S&P 500 Monthly Returns During an U.S. Election Year The S&P 500 has historically performed well in August during presidential election years, contributing to an overall positive market sentiment and potentially extending the summer rally. Image: Carson Investment Research
S&P 500 and New 52-Week Highs and New 52-Week Lows The improvement in the percentage of S&P 500 stocks at new 52-week highs can be seen as a confirmation of a cyclical bull market. This indicates positive market sentiment and a potential upward trend for stocks. Image: BofA Global Research
Risk Appetite in Flows After Adjusting for Seasonality and Cyclical Growth Market sentiment is currently robust, with risk appetite in flows at the 85th percentile, falling short of extreme levels. Image: Deutsche Bank Asset Allocation
Probability of U.S. Recession The decline in the one-year recession probability based on the S&P 500 and BBB spread is viewed as a positive sign, which could influence market sentiment and investment strategies. Image: J.P. Morgan
Performance – S&P 500 Relative to Gold The performance of the S&P 500 relative to gold has been flat over the past 6 years. It has been an important indicator of market sentiment for decades. Image: BofA Global Investment Strategy
Fed Funds Rate Expectations Despite the initial anticipation of multiple rate cuts in 2024 as suggested by the Fed’s “dot plot,” the current market sentiment indicates a more reserved outlook, with fewer rate cuts in 2024. Image: BofA Global Investment Strategy
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
S&P 500 Composite in Elections Years and Election Years When >10% Gains in Previous Year Given the Fed’s interest rate projections, market sentiment indicators and historical market behavior, investors may reasonably expect the S&P 500 index to reach new highs soon. Image: Fundstrat Global Advisors, LLC
VIX and Geopolitical Risk Index The VIX tends to be sensitive to geopolitical events and can serve as an indicator of market sentiment during times of heightened geopolitical risk. Image: Goldman Sachs Global Investment Research
S&P 500 Index Returns in November Historically, the last week of November tends to be bullish for U.S. stocks, suggesting positive market sentiment and upward stock price trends during this specific period. Image: Carson Investment Research