Over the past several months, we've introduced Extreme Movers, the latest tool in our arsenal to understand what is driving markets from week to week. We also debuted an international version of the Extreme Movers portfolio to help investors compare fluctuating alpha opportunities and factor-driven dynamics between the US and the world. The Extreme Movers portfolios allow us to apply hindsight to...

Before we kick off our coverage this week, I wanted to let you know that Wolfe Research's Hallie Martin and I will be co-presenting a webinar on Tuesday, August 9, titled: Next-Level Hedging using Wolfe Research's Sector Models in Omega Point. Please refer to the link for more information and to sign up; we hope to see you there!

Throughout 2021, we’ve explored a variety of macroeconomic influences on equity risk and performance, from interest rates to inflation, commodities, and more. Of course, the magnitude of the macro role in equity markets fluctuates over time but, for many, it has felt as though macroeconomic factors have been a massive driver of performance for nearly two years running. As a result, as fundamental...