Spotlight on the US Elections

The big things you need to know:First, we run through our thoughts on last week’s choppy price action in the S&P 500 and reiterate our 7,750 12-month-forward S&P 500 price target.Second, we update the stats we’re tracking for 4Q25 reporting season, which generally bounced back in ...  Show more

The big things you need to know:First, reporting season stats have come in “slightly squishy” in our view, suggesting to us that the choppy price action in the S&P 500 of late has been about more than geopolitical concerns.Second, what we read in earnings call transcripts this pa ...  Show more

Our head of Corporate Credit Research Andrew Sheets provides an overview of uncertainty around policy following the election of a Republican administration.

----- Transcript -----

Welcome to Thoughts on the Market. I'm Andrew Sheets, head of C ...

On Friday, the US announced a meagre 12K nonfarm job additions last month, the manufacturing and private nonfarm payrolls printed negative numbers. But the bright spot was that unemployment remained steady at 4.1% - suggesting that the NFP number probably took a one-off hit, and ...  Show more

With the Republican party poised to clinch control of the White House and Congress, our CIO and Chief US Equity Strategist says markets are readying for a lighter regulatory environment, supportive tax policy and a possible rebound in investor enthusiasm.

< ...

Our Head of Corporate Credit Research Andrew Sheets discusses why uncertainty around the election’s outcome could be detrimental for credit investors.

----- Transcript -----

Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corpora ...