U.S. Small-Cap Stocks – Russell 2000 U.S. small-cap stocks have now fallen below pre-COVID high, indicating a market sentiment shift and highlighting ongoing challenges for small-cap companies in the current economy. Image: BofA Global Investment Strategy
Bitcoin and Risk Appetite Indicator Bitcoin and market sentiment tend to move in tandem. Image: Goldman Sachs Global Investment Research
Risk Appetite Indicator Level and Momentum Factors The current negative risk appetite indicator reflects a cautious sentiment among market participants, with investors prioritizing stability over aggressive growth strategies. Image: Goldman Sachs Global Investment Research
U.S. Job Openings and S&P 500 While job openings provide a snapshot of current economic conditions, the stock market reflects investor sentiment and expectations about the future. Image: BofA Global Investment Strategy
U.S. Economic Surprise Index Equities tend to perform well when the U.S. Economic Surprise Index rises, as positive economic surprises can boost investor sentiment and drive market growth. Image: Goldman Sachs Global Investment Research
S&P 500 1-Day Move to CPI The U.S. equity market’s response to CPI data is becoming less pronounced, influenced by shifting investor sentiment about interest rates and overall economic conditions. Image: BofA Global Research
S&P 500 Forward 6-Month Performance vs. VIX Level Very high VIX readings may actually precede periods of strong market performance over the subsequent 6 months, as investor sentiment stabilizes and confidence returns. Image: Strategas Research Partners
S&P 500 Advance-Decline Line The S&P 500 advance-decline line is a crucial indicator that confirms market trends and sentiment. An all-time high in the S&P 500 advance-decline line is viewed as positive news for the U.S. stock market. Image: BofA Global Research
High-Yield (HY) Spread USD Goldman Sachs has a positive outlook for the high-yield bond market over the next 12 months, anticipating that high-yield spreads will tighten, driven by robust economic conditions and optimistic investor sentiment. Image: Goldman Sachs Global Investment Research
S&P 500 Aggregate Earnings Beat Q2 2024 S&P 500 earnings beats are expected to align with the historical average, contributing to overall market optimism and investor sentiment. Image: Deutsche Bank Asset Allocation