Does anyone find it strange that the U.S., with 4% of the world's population and 25% of the world's GDP should carry a stock market capitlization that is over 60% of the world's total?
"The six-month performance spread between the S&P 500 and S&P 500 Equalweight index has only been higher than it is now during a small number of days in March 2000."
Analysts' forecasts present a high bar for S&P 500 companies to hurdle in 2Q for the first time since 2021. Companies posted growth 3x faster than expected last quarter and 7x expectations in the prior quarter, when analysts were forecasting low-single-digit growth
FX volatility, the US dollar and political uncertainty all tend to rise going into the election month. A change of the ruling party, more than anything else, could spark FX volatility.
