The equity market has been resilient of late despite escalating trade tensions.
Asia Ex-Japan Report – China’s Bear: Hunt Or Run? – July 10, 2018
· Emerging Markets · Equities ·
Despite large differences in sector composition, valuations, and international trade exposure, correlations between China’s CSI-300 index, the MSCI China and MSCI Hong Kong indexes have risen to the highest levels in more than a decade.
The equity market will remain choppy until trade uncertainties recede and global growth momentum bottoms.
Valuations for the broad U.S. equity market have re-set lower since late-January.
Add to Favorite Reports Equity markets will remain in a churning phase as investors continue to digest… Continue
U.S. Equities – The End Of Cheap Oil? – May 14, 2018
· Equities ·
Add to Favorite Reports Despite the recent positive price action, we expect macro cross-currents to keep equity… Continue
The upward bias in inflation expectations and bond yields implies that the digestion phase for the U.S. equity market will persist in the near run.
The U.S. equity market will remain volatile as economic growth momentum moderates and the cyclical build-up of inflationary pressures persists.
U.S. Equities – A Negative News Cycle For Stocks – March 26, 2018
· Asset Class Reports · Equities ·
U.S. equity markets were roiled last week as investors worried about several issues including the prospects of a trade war, the fallout from the data harvesting scandal at Facebook, and anxiety over Fed rate hikes.
In this week’s Webcast,Salvatore Ruscitti provides an update on our U.S. equity sector views given the shifting macro landscape
After a long absence, volatility returned to the equity market earlier this month, triggered by a breakout in Treasury yields.
Add to Favorite Reports After lagging for most of 2017, the relative performance of consumer discretionary stocks… Continue
Asset Allocation Strategy – Too Much Of A Good Thing – February 2018
· Asset Allocation ·
Add to Favorite Reports Risk assets have been on fire in response to a nearly ideal macro… Continue
In this week’s webcast, equity sectors strategist Salvatore Ruscitti, assesses the macro outlook for 2018 and the implications for U.S. equity sector positioning.
The U.S. equity market has enjoyed a banner year, with gains being fueled by a favorable macro backdrop.
In this week’s Webcast, Phillip Colmar and Santiago Espinosa provide MRB’s key takeaways from our four-part theme report on the MRB Stylized Investment Cycle.
Today’s report provides our 12 favorite U.S. sector/industry sub-group charts. We also discuss their implications.
Theme – Stylized Investment Cycle (Part II): Asset Class Positioning – October 25, 2017
Absolute Return · · Asset Allocation · Economics & Policy · Equities · Fixed Income · Themes ·
This is the second MRB Theme Report in a multi-part series updating the MRB Stylized Investment Cycle, which is one of our most popular thematic frameworks. Part I outlined our framework and where financial markets currently are within the investment cycle.