"The forward 12-month P/E ratio is 21.2, which is above the 5-year average (19.3) and above the 10-year average (17.9)."

By: Daily Chartbook

10 largest names in S&P 500 now account for nearly 37% of the index in terms of market cap … highest concentration since 1972 per Ned Davis Research

By: Liz Ann Sonders

Much has been written lately about the poor breadth and high concentration of the US equity market. The biggest 10 stocks account for more than 30% of the index market cap and in some cases each of the top three are bigger than developed stock exchanges such as London or Frankfurt. But, what is the path to normality?

By: Gustavo A. Cano

This is a fascinating visual on market breadth that I haven't seen before quite in this way.

By: Matthew D’Alto

💪The US Government Has Played A Big Part In Keeping The Economy Out Of Recession

By: Stephane Renevier, CFA

"Stocks Go Up Over the Long-Term"

By: Topdown Charts

SUMMARY OF FED CHAIR POWELL'S COMMENTS (7/2/24):

1. The trend of disinflation appears to be resuming

By: Charles-Henry Monchau, CFA, CMT, CAIA

US Equity Sector Weights UPDATE

By: Topdown Charts

While the breadth of this cyclical bull market is adequate in absolute terms, there is no question that on a relative basis the leadership remains quite narrow. As of June, only 28% of the stocks in the S&P 500 are outperforming the benchmark. 

By: Jurrien Timmer

In my new president’s message, I share my outlook on the economy and our journey to the Federal Open Market Committee’s 2 percent inflation objective.

By: Raphael Bostic