āI own my home outright. I also get Social Security, but not much.
Wall Street's so-called fear gauge dropped this week as U.S. stocks continued to set record highs, with investors appearing encouraged in part by the White House's progress on the global trade front.
The S&P 500 notched a new record high every day this week, ultimately finishing the week up 1.5%. The table below summarizes the number of record highs reached each year dating back to 2013.
Both the āupside surpriseā factor for Q2 '25 S&P 500 earnings and revenue estimates are very strong. As of this morning's data from LSEG, the S&P 500 EPS āupside surpriseā is +6.8%, led by the energy and financial sectors. Boeing is up 30.66% YTD as of Thursday night's, July 24th close. It's still well shy of its $449 all-time high in March 2019.
Investors have been piling into highly risky shares.
The Composite PMI report exceeded analyst estimates as the services sector expanded at a robust pace.
A report from Ned Davis Research describes three possible growth scenarios, but the base-case is muddling through
US stocks have been called higher on Wednesday after Donald Trump revealed the US had agreed a "massive" trade deal with Japan. Wall Street index futures pointed higher, with the Dow Jones up 0.5%, the S&P 500 up 0.4% and Nasdaq 100 up less than 0.1%.
Ryan Detrick, chief market strategist at the Carson Group, uncovered an eye-popping stat about the current state of play.
Investors hope pacts with the Philippines and Indonesia will be followed by further agreements.
U.S. stocks are expensive relative to bonds, bolstering the attractiveness of fixed-income assets in diversified portfolios, according to Wells Fargo Investment Institute.
There are plenty of reasons to be wary of the current bull market.