We hope you've been enjoying the holiday weekend. Today, we'll be examining
Total Risk in the global market (using the ACWI as a proxy) to see how it has trended over the past 12 months. Similar to the exercise we ran on the
US market last week, we'll seek to further our understanding of the recent market recovery through a global risk lens, and then compare it to the recovery of...
This week we'll examine
Total Risk in the US over the past 12 months (using the Russell 3000 as a bellwether) to better understand the mechanics of the market's swift recovery from the slump of late 2018. While we typically focus on the drivers of factor and market performance, it's also vital to determine how risk is trending (in particular the correlation between stock and factor...
In light of the substantial rally in the US market over the past week, we'll be refocusing our attention on our US model in order to see how the key
Volatility and
Market Sensitivity factors have behaved. We'll also attempt to identify what's been driving these factors by decomposing their underlying long and short components.
We hope the start of spring has been treating you well. This week, the market digested the implications of an inverted yield curve along with data suggesting the economy has been losing momentum. In light of this, today we'll be using our new Security Search feature to find companies within our worldwide model that are better suited to weather an economic recession and potential...
Over the past two weeks, we've explored global trends in Growth and Value to determine the countries that have had the most (and least) exposure to those factors. Today, using our new
Security Search feature, we're going to find the best positioned Growth and Value stocks across the worldwide model (70k+ stocks).
Last week, we took a look at the Growth picture in the US, China, Japan, and Canada in the lens of our global model. Today, as we continue our series on global factor trends, we'll assess how Value factor screens within global indices, to see where investors might find the most Value-friendly markets abroad.
Continuing our exploration of the worldwide vs. US models, we're starting a series where we'll examine the factor characteristics and trends within broad global indices. This week, we'll start by examining Growth factor trends in key countries to better understand the country selection movements that are likely to follow.
Typically, the factor trends that we observe in Factor Spotlight are based on our US model. This week, we'll be introducing our worldwide model by taking a look at how some of the major factors have behaved on the global level, compared to what we're seeing in the US.
Following up on last week's discussion, we conclude our multi-part series on positioning for a potential market recovery, by building and analyzing a model portfolio that internalizes the insights we've gained from prior recoveries. Through the construction of a model portfolio we've uncovered an intuitive insight applicable to the recent recovery so please make sure to read the section...
I hope today's post finds you well and you are enjoying your Presidents' Day weekend. In last week’s Factor Spotlight, we sought to associate changes in fundamental factors—growth and profitability—with net momentum, and found that 77% of the time growth and profitability moved in the same direction, so did net momentum.
