Yahoo Finance Chartbook: 35 charts tell the story of markets and the economy midway through 2025

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persists.There's the perpetual debate about stock valuations, which are historically elevated, as the stability of the artificial intelligence growth story remains in question for some investors.The potential fallout from President Trump's tariff and immigration policies — and their impact on US economic growth — has emerged as the top concern among economists who are still questioning the resilience of the US economy.But the fifth volume of the Yahoo Finance Chartbook also presents a calming explanation for why stocks have inflected higher in a V-shaped pattern after April brought one of the worst three-day stretches since World War II.Corporate profit expectations are picking up, particularly in areas that have been bid up the most in the market. By some measures, the US consumer remains in solid shape. And even after a roaring rally, several strategists argue investor sentiment is far from peaking.Trump has also dialed up the pressure on Fed Chair Jerome Powell to cut interest rates, but this edition of the Chartbook shows the central bank taking less of a starring role in this market moment.When and how the central bank adjusts its policy seems a less pressing question than what has prompted stocks to climb this year's wall of worry and what forces could prompt investors to keep climbing.Debating stocks at record highs | Another economic turning point | A shifting investing landscapeClick here to download YF Chartbook vol. 5The following commentary has been lightly edited for length and clarity."[This] chart shows the earnings revisions breadth for the S&P 500. It leads actual earnings estimates, and as you can see, we are currently experiencing one of the strongest V-shaped recoveries in history, rivaling the COVID rebound in 2020, the last time we were so out of consensus on the market. Many market participants do not appreciate how strong this very fundamental driver has been over the past several months, which helps to not only justify the rally to date, but also why we remain bullish on the next 6-12 months.""Despite the recent new record highs notched by the S&P 500, investor positioning data show no sign of exuberance. The GS Equity Sentiment Indicator combines nine measures of positioning in US stocks across investor groups, including hedge funds, mutual funds, and retail investors. Today, the indicator stands at a 0, reflecting a neutral stance in US stocks on average across investors. While valuation multiples sit at elevated levels relative to history, constrained positioning indicates room for the recent equity rally to continue."AGB und DatenschutzerklärungPrivacy & Cookie SettingsMore InfoS&P 5006,394.85 +5.08 (+0.08%)Dow 3044,763.57 -73.99 (-0.17%)Nasdaq21,217.20 +38.62 (+0.18%)Russell 20002,263.75 +7.03 (+0.31%)VIX14.86 -0.17 (-1.13%)Gold3,321.10 +11.10 (+0.34%)PortfolioMelden Sie sich an, um Ihr Portfolio aufzurufen.AnmeldenTop-GewinnerAMKR Amkor Technology, Inc. 25.90 +4.67 (+21.97%)PII Polaris Inc. 60.42 +10.94 (+22.12%)CLS Celestica Inc. 202.95 +29.58 (+17.08%)SANM Sanmina Corporation 114.10 +15.75 (+16.02%)GTLS Chart Industries, Inc. 198.97 +27.32 (+15.92%)Top-VerliererNVO Novo Nordisk A/S 54.90 -14.10 (-20.44%)EXEL Exelixis, Inc. 37.59 -6.80 (-15.33%)STEM Stem, Inc. 16.28 -2.63 (-13.88%)HRI Herc Holdings Inc. 130.96 -18.93 (-12.63%)QS QuantumScape Corporation 9.54 -1.44 (-13.16%)MeistgehandeltSOFI SoFi Technologies, Inc. 24.42 +3.40 (+16.16%)NVO Novo Nordisk A/S 54.90 -14.10 (-20.44%)NVDA NVIDIA Corporation 178.32 +1.57 (+0.89%)LCID Lucid Group, Inc. 2.5700 -0.2200 (-7.89%)AMD Advanced Micro Devices, Inc. 180.49 +6.83 (+3.93%)GewinnereignisseTrend-WertpapiereSOFI SoFi Technologies, Inc. 24.26 +3.24 (+15.41%)NVO Novo Nordisk A/S 54.83 -14.17 (-20.54%)UNH UnitedHealth Group Incorporated 271.18 -10.95 (-3.88%)PYPL PayPal Holdings, Inc. 71.38 -6.84 (-8.75%)SPOT Spotify Technology S.A. 636.11 -64.87 (-9.25%)Wichtige Wirtschaftsereignisse