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Webinar – MRB’s Big Picture Themes – (73min:46sec) – May 12, 2020
equities
Webinar – MRB’s Big Picture Themes – (73min:46sec) – May 12, 2020
Webcasts, Webinars & Roundtables ·
In this week’s Webcast, Phillip Colmar and Warren Smith, examined the major macro and investment trends that will be key to generating outsized portfolio returns over the next several years.
U.S. Equities – Consumer Finance Stocks: More Tailwinds To Play Out – May 12, 2021
· Equities ·
U.S. consumer finance stocks have strongly outperformed year-to-date.
Absolute Return Strategy – Risk Of Another 1987 Crash – May 10, 2021
Absolute Return · ·
The investment cycle is decisively ahead of the economic cycle, with many signs of frothy conditions, at a point when consumer price inflation is rising, bonds have entered a durable bear market and the U.S. dollar is vulnerable.
Asset Allocation Strategy – As Good As It Gets – May 7, 2021
· Asset Allocation ·
The aggressive monetary and fiscal support of the past year helped bring forward and fortify the robust rebound in capital markets relative to underlying economic growth conditions.
China – Reawakened Consumers Underpin Growth – May 6, 2021
· Emerging Markets ·
China is growing at a robust, above-trend growth, with concerns over the COVID-19 pandemic slipping into the distant past.
U.S. Equities – Stay Selectively Focused On Value – May 3, 2021
· Equities ·
U.S. first-quarter earnings reports have been overwhelmingly positive.
Weekly Macro Strategy – A Durable Trend, Not A One-Off – April 30, 2021
· Weekly Macro Strategy ·
Led by the U.S., the global economic recovery continues to strengthen on the back of increased vaccinations.
Equities – A Weaker Dollar Will Eventually Favor Unhedged Non-U.S. Equities – April 30, 2021
Equities ·
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Emerging Market Equities – When Global Trade Pops, EM Stocks Sizzle – April 29, 2021
· Emerging Markets · Equities ·
Recent EM underperformance is mostly attributable to the renewed vigor of stocks in the U.S., along with some idiosyncratic risks that have impacted mega-cap Chinese stocks.
Webcast – Key Portfolio Tilts For Outsized Returns – (8min:45sec) – April 28, 2021
Webcasts, Webinars & Roundtables ·
In this week’s Webcast, Phillip Colmar outlines four longer-term global investment trends that will be key to generating outsized portfolio returns over the next several years.
Equities – An ISM® Warning Sign For Stocks – April 27, 2021
· Equities ·
While the macro and policy backdrop remains very equity friendly, an inevitable moderation in the ISM manufacturing index in the coming months is likely to temper investor risk appetite.
Weekly Macro Strategy – Bumps, But No Derailing – April 23, 2021
· Weekly Macro Strategy ·
Global economic prospects are steadily improving, although investors should expect periodic minor setbacks until the pandemic truly recedes.
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Absolute Return Strategy – Playing Major Global Trends – April 22, 2021
Absolute Return · ·
The global reflation trade has cooled of late, after becoming technically stretched in recent months.
Brazil – Upside For Stocks, But… – April 22, 2021
· Emerging Markets · Equities ·
In stark contrast with the grim headlines, Brazil’s 12-month forward earnings growth has been on a tear in recent months.
Weekly Macro Strategy – The Key Is To Stay Open – April16, 2021
· Weekly Macro Strategy ·
The risk of a near-term correction in equities, due to overstretched technical conditions and already elevated earnings expectations, has diminished because the uptrend in Treasury yields has paused.
Equities – Euro Area: In Search Of Earnings Power – April 16, 2021
Equities ·
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Webcast – Our Differentiated Views On U.S. Consumer Discretionary And Industrial Stocks – (12min:06sec) – April 14, 2021
Webcasts, Webinars & Roundtables ·
In this week’s Webcast Salvatore Ruscitti discusses the 6-12 month prospects for the U.S. consumer discretionary and industrial sectors.
U.S. Equities – Industrial Stocks: Will Earnings Deliver? – April 13, 2021
· Equities ·
After lagging in December and January, U.S. industrial stocks have resumed outperforming in recent months.
Equities – Earnings Prospects Favor Further Global Value Outperformance – April 13, 2021
· Equities ·
The rich valuations of growth stocks and the increasingly positive outlook for economic growth have recently helped boost investor interest in value stocks as a potential catch-up play.
Weekly Macro Strategy – Risk Assets Benefit As The Rise In Treasury Yields Pauses – April 9, 2021
· Weekly Macro Strategy ·
Global growth is strengthening and broadening, helping to sustain rising earnings expectations.
Equities – Global Equity Sectors: Sector Earnings Shifts Underway – April 9, 2021
Equities ·
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China – Capital Markets With Chinese Characteristics – April 8, 2021
· Emerging Markets ·
China’s economic momentum remains strong and is broadening, and offers powerful support for a solid global expansion in output and trade.
Webcast – A Consolidation Or Correction Phase Is Overdue – (12min:45sec) – April 7, 2021
Webcasts, Webinars & Roundtables ·
In this week’s webcast, Peter Perkins discusses the outlook for capital markets on a 6-12 month horizon and MRB’s asset allocation recommendations.
Asset Allocation Strategy – Capital Markets Begin Re-Aligning To Fundamentals – April 1, 2021
· Asset Allocation ·
The overbought global S/B ratio signals increasing risk of a near-term correction or consolidation phase, but underlying economic fundamentals remain quite positive.
U.S. Equities – Consumer Discretionary Stocks: Not As Leveraged To Re-Opening As You Might Think – March 31, 2021
· Equities ·
The combination of historically huge fiscal transfers, a high savings rate, and healthy household balance sheets has left the U.S. consumer primed to spend once the economy fully re-opens.
Weekly Macro Strategy – Hitting A Fog Patch – March 26, 2021
· Weekly Macro Strategy ·
This week’s PMI flashes confirmed that the global expansion is both broadening and strengthening.
Roundtable – EM Investing: Different Regions, Different Assets – (68min:21sec) – March 25, 2021
Webcasts, Webinars & Roundtables ·
We are generally constructive about the prospects for emerging market outperformance in the year ahead. Equities should outperform their DM counterparts
Regional Equities – The Window For Regional Rotation Opens Wider – March 25, 2021
· Equities ·
The massive U.S. fiscal stimulus will provide a major boost to the global economy and corporate earnings in markets and sectors highly geared to global trade.
Theme – MRB’s Overview Of Key Investment Themes (Part III) – March 24, 2021
· Themes ·
This is Part III of an update of the big-picture themes that form the foundation for MRB’s longer-term investment strategy.