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...
Hotter Than Expected Inflation Keeps Beta & Macro on the Front Burner
September 18, 2022Over 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...
Macro-Sensitive Assets Come Back into Focus as High Beta Takes a Dive
August 21, 2022Over 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...
Macro Drivers Tumble as Market Starts to Rally
July 10, 2022Over the past several weeks, 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...
The Fed Sparks Panic in the Equity Markets
May 08, 2022Please see our Market Summary and Omega Point's Top Surprise Factors of the week below.
Investors Signal a Risk-Off Environment
May 01, 2022Please see our Market Summary and Omega Point's Top Surprise Factors of the week below.
The Surprise Metrics measure each factor's return divided by its predicted standard deviation. On a trailing one-week basis and since the invasion on Feb 24, we continue to see multiple standard deviation moves across a broad number of factors that continue to shift each week and are a unique indicator of the...
Macro Holds Onto Its Grip Over Global Equity Markets
April 24, 2022Please see below for our Market Summary and Omega Point’s Top Surprise Factors of the week.
Setting the Stage for Upcoming Rate Hikes
February 20, 2022As inflation continues to skyrocket to 40-year highs and Fed rate hikes remain imminent, investors are finding themselves facing continually rocky markets. Further exacerbating the already tenuous environment, the yield curve has been flattening. Many predict that the curve could even invert, signaling that slowing economic growth could be on the horizon.
Hedging Against a Dynamic Market
February 13, 2022Over the last month, we’ve outlined the growth vs. value rotation and the broader macroeconomic landscape that have sent shockwaves through equity markets early in 2022.
Last week, we moved the spotlight to help our community identify securities where growth and value can coexist. This week, we’ll continue down this path of action to demonstrate how managers can hedge to protect against the...
Quantifying the Impact of an Increasingly Hawkish Fed
January 09, 2022This week, we’re temporarily pausing our “Where’s the Alpha?” series to help our community analyze the potential impact of the Fed’s hawkish surprise earlier this week.
The Fed’s Dec 14-15 meeting minutes became publicly available on Tuesday, revealing that the Fed intends to accelerate the reduction of the bonds held on its balance sheet. While most observers expected measured rate increases,...