Thank you to Matthew Miller, Katie Greifeld and Sonali Basak for inviting me to join them on Bloomberg’s "Open Interest" to discuss the Goldman Sachs 2025 US Equity Outlook: The Art of the Deal report that was published this week.

By: David Kostin

The stock market in 2024 has rallied strongly on a combination of growing earnings and expanding P/E-multiples. The same thing happened in 2017, which was the first calendar year of Trump 45.

By: Jurrien Timmer

Regime change and US Interest Rates

By: Joseph Brusuelas

🚨BREAKING: Bitcoin surpasses the Great British Pound (GBT) to become the 5th largest currency in the world 🌎!

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

Glass half-full = if you hold your stocks for long enough your chances of avoiding losses goes up! 😀

By: Callum Thomas

Credit spreads have continued to tighten across the board, as IG spreads are at lowest since 1998 and HY credit spreads fell to their tightest since 2006, preceding their rise into the GFC.

By: Oliver Loutsenko

🧵 Warren Buffett has more cash today than ever before. We’ve seen this before 2000, before 2008, and again in 2020. Buffett says he’s not a market timer. Is that true?

By: TJ Terwilliger

US Tech Stock valuations are echoing two major moments of the past two decades. And there’s three key points this sounds on markets now.

By: Topdown Charts

Over half of the S&P 500's trailing 12-month return can be attributed to multiple expansion.

By: Daily Chartbook

The S&P 500 forward P/E ratio has climbed to 22.2, its highest level since April 2021, with ten out of eleven sectors trading at multiples above their 25-year averages.

By: Alexander Vogt, CFA