Jun 11, 01:03 PM

S&P 500 Outperforms Risk Sentiment Models by 4% Over 20 Days Amid Easing US Equity Pessimism and Tariff-Fueled Volatility

Over the past 20 days, the S&P 500 index has consistently outperformed models based on global assets correlated to risk sentiment, with cumulative outperformance increasing from 2.21% to 4.06%. Despite this, US equity investors have remained generally risk-averse in June, although pessimism has eased to its lowest level this year, according to S&P Global PMI data. Meanwhile, traders who endured volatility driven by tariffs in the stock market are now facing a dilemma, as bonds may present more attractive returns in the coming years based on a widely followed measure.

#US

Written with ChatGPT (GPT-4).