Trump's tariff theory suggests that by placing substantial costs on imports, it can alter the competitive dynamics in manufacturing, especially in the automotive sector.

By: Joseph Carson

Whether to maintain such a high allocation to US stocks, as seen in the MSCI AC World benchmark (currently around 64%), depends on how likely an investor believes the realization of the massive growth expectations for the "Magnificent 7" stocks will be in the coming years.

By: Alexander Vogt, CFA

A major theme for the years to come... A massive wage arbitrage has opened between the US and its competitors.

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

Last week I highlighted the constructive sentiment backdrop from both the Investors Intelligence (II) and American Association of Individual Investors (AAII) surveys. Both continue to show more bears than bulls, which from a contrarian standpoint can be seen as constructive.  

By: Jurrien Timmer

Consumer confidence continued to drop in March and is now at its lowest level in four years, according to the The Conference Board.

By: Robert Spendlove

• This week our US Equity Sentiment Indicator (SI) slipped to -0.6 from -0.5 alongside a flat S&P 500. While the level of our SI is not depressed, the recent decline was the sharpest move within a 6-month period since 2020. Sharp drops in our SI have historically preceded above-average gains in the S&P 500 during the subsequent 3 months.

By: David Kostin

It's fascinating to realize that just a few urban areas highlighted in orange on this map produce 50% of the entire U.S. GDP. That means half of the nation's economic output comes from a handful of cities and metro regions.

By: Ryan Lemand, PhD

WONKY POST ALERT Many economists and reporters use the wrong data when talking about multifamily housing starts.

By: Jay Parsons

Investors' positioning speaks louder than investors' words/survey! The net long position rises sharply and is near record highs, consistent with the consensus belief that this is just a market correction and the market will bounce back.

By: Jun Xia

2025 appears to be the year of normalization, or transition between expensive asset classes and more reasonably priced ones. In the chart above, you can see the 7 year real return forecast for Equity, Fixed Income and Cash by GMO.

By: Gustavo A. Cano