# The Calendar Turns Page: https://stenobird.com/podcast/rbc-s-markets-in-motion-617578/the-calendar-turns Text version: https://stenobird.com/podcast/rbc-s-markets-in-motion-617578/the-calendar-turns.md Podcast: [RBC's Markets in Motion](https://stenobird.com/podcast/rbc-s-markets-in-motion-617578) Published: 2026-01-05T22:20:00+00:00 Episode link: https://www.rbccm.com/en/insights/markets-in-motion.page Audio file: https://episodes.captivate.fm/episode/0164da1e-a206-41a7-9084-27eeb3ed5211.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/rbc-s-markets-in-motion-617578/episodes/the-calendar-turns Duration seconds: 382 ## Resource The big things you need to know: First, after updating our models for end of year, we are reiterating our 7,750 12-month S&P 500 price target, noting that the signal from our sentiment model deteriorated since our last update in early December while the signal from our GDP model strengthened. Second, a few things that jumped out in our other updates included the recent divergence in the size and style trades, the S&P 500’s inability to recapture last summer’s peak on the rate of upward EPS estimate revisions, and the latest results of the Duke CFO survey where optimism picked up on one’s own company and the broader economy, accompanied by an optimistic view on the productivity benefits coming from AI. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/rbc-s-markets-in-motion-617578/episodes/the-calendar-turns/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/rbc-s-markets-in-motion-617578/the-calendar-turns.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.