- Daily Chartbook
- Posts
- DC Lite #449
DC Lite #449
"AI related stocks have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022"
Daily Chartbook
September 24, 2025
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. Sentiment vs. income. "If you looked at just the yellow line, you would miss the huge chasm that’s opened up between how wealthy people feel about the economy and how poorer people feel about it."
2. Pay gap. "In 2025, the differential between the bottom and the top quartile of earners has grown to nearly 530 percent, a record in ADP data going back to 2019."
3. Gold: 1999 vs. today. "It’s still clear on several measures that the 'priced for perfection' argument remains wrong. Gold prices are at all-time highs, even in real terms – traditionally that’s been a classic sign of fear, not rampant optimism."
Sponsored content:
8 Weeks to Real Estate Investment Confidence
Join a global network of 5,000+ professionals in the Wharton Online + Wall Street Prep Real Estate Investing & Analysis Certificate.
In just 8 weeks, learn from top firms, collaborate on real-world case studies, and gain skills that last.
Save $300 with code SAVE300 today.
4. Valuations. "There's a lot of talk about how rich the market is right now -- and it's warranted. But its not the entire market. Take a look at the P/E of the firms in the S&P 500 that are below $100 billion in market value, the story is very different than the mega-caps."
5. AI takeover. "AI related stocks have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022."
Sponsored content:
If you work in fintech or finance, you already have too many tabs open and not enough time.
Fintech Takes is the free newsletter senior leaders actually read. Each week, we break down the trends, deals, and regulatory moves shaping the industry — and explain why they matter — in plain English.
No filler, no PR spin, and no “insights” you already saw on LinkedIn eight times this week. Just clear analysis and the occasional bad joke to make it go down easier.
Get context you can actually use. Subscribe free and see what’s coming before everyone else.
Reply