Uncertain Outlook Dupes US Equity Investors Into a Beauty Contest, Producing Higher Valuations
The Fed's aggressive response to the COVID-19 pandemic has shifted investors' attention to an impending economic recovery that has pushed US equity...
332 Views
U.S. Equity Strategy: Bulls Remain In Control
The S&P 500 is holding above 3000 and the 200-day MA breakout level. As long as the S&P 500 is above this support level it tells us the...
455 Views
SPX 3,100 Where Risk to Reward Diminishes
S&P 500 (SPX INDEX) is moving into a frothy stage primarily on the back of the tech rally exhausting as we see rotation into value. It is this...
370 Views
U.S. Equity Strategy: Healthy Sector Rotations Continue
The rotation out of stay-at-home/COVID-19 beneficiary stocks and into reopening/economically sensitive stocks that we highlighted last week has...
458 Views
US Equity Valuations Get Richer, but Economic Outlook Uncertainties Remain Unresolved
The relevance of the Great Moderation in long duration asset valuation should be called into question given two severe back-to-back recessions over...
325 Views