Aug 8, 2025
To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. This week, we look at why the market has been so bulletproof despite all the shocks it’s been given from headlines this year. From economic fundamentals to earnings data, we explain the backdrop while also surveying the historic decline in the dollar, weak commodity prices, US equity market sentiment, and some of the most interesting tidbits from earnings releases we saw this week. Give it a read!
Aug 1, 2025
To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. In this week’s report, we cover the market running out of steam after a relentless rally, a lackluster response to earnings season, and much more.
Jul 25, 2025
To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. In this week’s report, we cover the bull market crossing the 1,000-day mark, underlying index technicals, how much the Fed should be cutting rates based on where inflation and employment stand, our unique Netscape vs. ChatGPT analysis, earnings season, longshot stocks, and more.
Jul 18, 2025
To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. This week, we are sending out our Global Macro Quarterly deck instead of our traditional Bespoke Report. This report is filled with dozens of charts reviewing the current state of the global economy and where it’s headed next. We review major central bank policy outlooks, global equity market earnings growth and valuations, the outlook for China and Europe, and go into detail on the US economy including a strong consumer backdrop, scenarios for the Federal Reserve, and the possibility of a reacceleration for labor markets. We also discuss tariffs, labor supply, and other policy-adjacent subjects. Give it a read!
Jul 11, 2025
To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. In this week’s report, we cover everything happening across financial markets as the market digests some tremendous three-month gains..
Jun 27, 2025
This week’s Bespoke Report is an updated version of our “Pros and Cons” edition for Q3 2025.
With this report, you’re able to get a complete picture of the bull and bear case for US stocks right now. It’s heavy on graphics and light on text, but we let the charts and tables do the talking!
On page three of the report, you’ll see a full list of the pros and cons that we lay out. Slides for each topic are then provided on page four and beyond.
To read this report and access everything else Bespoke’s research platform has to offer, sign up for Bespoke’s 50/20 special today. Our 50/20 special gets you a full year of Premium for half off, then 20% off per month after the first year. SIGN UP HERE.
Below is a look at the performance of key ETFs across asset classes so far in Q2 and year-to-date.
After a very rough March and early April, equities both domestically and globally have surged since. The S&P 500 (SPY) is currently up more than 10% in Q2 with just one full trading day left on Monday. The Tech-heavy Nasdaq 100 (QQQ) is up much more at 17.4%, while the Semis (SMH) are up more than 30%.
As good as it has been in the US, it has been an even better first half and second quarter for much of the rest of the world. The All World ex US ETF (CWI) is up 18.5% on the year versus a gain of 5.7% for the US (SPY), and countries like Germany (EWG), Italy (EWI), Mexico (EWW), and Spain (EWP) are sitting on 30%+ YTD gains.
As a reminder, quarterly rallies this strong aren’t the norm, so enjoy it but don’t get too cocky heading into Q3. Mr. Market loves serving humble pie to the face of investors that think they have it all figured out.
