MacroResearchBoard
| Independent Investment Strategy
industrials
U.S. Equities – Machinery Stocks: Staying Cautious – November 6, 2023
· Equities ·
U.S. machinery stocks have underperformed the broad equity market since early-March, even as their relative 12-month forward earnings have continued to improve.
Regional Equities – Options For De-Risking From The Heavyweight U.S. – September 28, 2023
· Equities ·
Regional equity positioning is complicated by the outsized weight of the U.S. in the global equity benchmark…
U.S. Equities – Aerospace & Defense Stocks: Poised To Regain Altitude – August 22, 2023
· Equities ·
U.S. aerospace & defense stocks have lagged the broad equity market year-to-date following significant outperformance in 2022.
U.S. Equities – Changes To The GICS® Structure: What Investors Need To Know – March 22, 2023
· Equities ·
Changes to the Global Industry Classification Standard (GICS®) will be made in the coming months.
MRB TradeBook – New Equity Pair Trade – March 3, 2023
Absolute Return ·
Add to Favorite ReportsLong U.S. Industrials Vs Consumer Discretionary Stocks: U.S. industrials have started to outperform their… Continue
Webinar – Investing In A Drawn-Out Late-Cycle Environment – (71min:13sec) – March 1, 2023
Webcasts & Webinars ·
Today’s MRB Webinar featured Salvatore Ruscitti discussing the outlook for the U.S. equity market and the implications of the late-cycle macro environment for portfolio positioning.
MRB TradeBook Update – New Equity Pair Trade – October 14, 2022
Absolute Return ·
Add to Favorite Reports
U.S. Equities – Road & Rail Stocks: Why Relative Performance Is At Risk Of Getting Derailed – October 13, 2022
· Equities ·
The U.S. Class 1 railroads are great businesses. That said, these companies are not impervious to an economic slowdown/downturn, nor are they immune to operational challenges.
U.S. Equities – Patience Is Prudence – October 5, 2022
· Equities ·
Equities have started the fourth quarter on a more upbeat note after one of the worst Septembers on record.
U.S. Equities – Our Favorite Charts – August 26, 2022
· Equities ·
Today’s report presents some of our recent “favorite” charts.
Webcast – How Much Help Will Economic Stabilizers Provide? – (11min:53sec) – August 9, 2022
Webcasts & Webinars ·
In this week’s Webcast, global strategist Peter Perkins discusses the key drives of the capital market outlook for the next 6-12 months and MRB’s recommended asset allocation.
Asset Allocation Strategy – Self-Correcting Supports Kicking In – August 5, 2022
· Asset Allocation ·
The global economy faces several challenges, but we reiterate that an economic recession is neither imminent nor inevitable, although growth will likely slow further in the near term.
Equities – As Go Industrials, So Go Equities – July 22, 2022
Equities ·
Add to Favorite Reports
Regional Equities – Regional & Sectoral Balance For Turbulent Times – June 23, 2022
· Equities ·
The macro backdrop will remain challenging in the near term as investors assess the trade-off between elevated inflation and economic growth risks
U.S. Equities – Waiting For The Inflation Fever To Break – May 11, 2022
· Equities ·
U.S. stocks have corrected sharply year-to-date, with the rise in corporate earnings more than offset by a sharp multiple compression as bond yields have surged.
U.S. Equities – Aerospace & Defense Stocks: On A Slow, But Positive Trajectory – April 28, 2022
· Equities ·
U.S. aerospace & defense stocks have significantly outperformed the broad equity market year-to-date.
U.S. Equities – Taking Advantage Of Market Volatility – January 27, 2022
· Equities ·
U.S. equities have started the year on a turbulent note.
U.S. Equities – Favor Industrials Over Consumer Discretionary For 2022 – December 9, 2021
· Equities ·
U.S. consumer discretionary stocks have outperformed their industrial counterparts year-to-date.
U.S. Equities – Recovery Delayed, Not Lost – September 8, 2021
· Equities ·
While growth momentum is moderating, economic conditions remain consistent with above-trend U.S. growth for the balance of this year and 2022.
Webcast – Our Differentiated Views On U.S. Consumer Discretionary And Industrial Stocks – (12min:06sec) – April 14, 2021
Webcasts & Webinars ·
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.
U.S. Equities – What The Bond Market Rout Means For U.S. Equities – March 2, 2021
· Equities ·
U.S. equity prices have been volatile of late due to a rapid rise in bond yields as government fixed-income markets have begun to discount stronger-than-expected economic growth and higher inflation.
Equities – Canada: Earnings Beta Still Tied To Resources – February 24, 2021
· Equities ·
Canadian stocks will benefit from an improving domestic and global economy over the next 6-12 months, but we expect them to continue to underperform their global peers during the period.
U.S. Equities – Road & Rail Stocks: Are They Worth The Ride? – February 4, 2021
· Equities ·
After rebounding from their late-March 2020 lows, the relative share prices of the road & rail sub-group have stalled in recent months, along with the broader transportation index.
Roundtable – U.S. Equity Sectors With Salvatore Ruscitti – January 28, 2021
Webcasts & Webinars ·
In this Roundtable, MRB’s U.S. Equity Strategist, Salvatore Ruscitti, discusses the outlook for the U.S. equity market and highlights our recommended sector positioning.
U.S. Sector Strategy – 2021 Outlook: From Rally To Rotation – December 23, 2020
· Equities ·
The expected widespread rollout of COVID-19 vaccines has boosted the outlook for the global economy.
Webcast – Selecting Euro Area Cyclical Sectors – (9min:17sec) – August 19, 2020
Webcasts & Webinars ·
In this week’s webcast, strategist Peter Perkins discusses the outlook for key euro area cyclical equity sectors. He expects cyclical sectors to outperform the euro area equity benchmark on a 6-12 month horizon, although selectivity is appropriate.
Euro Area Equities – Cyclical Earnings Recovery Opportunities – August 18, 2020
· Equities · Research Reports ·
Euro area traditional cyclical sectors, including consumer discretionary, industrials and materials should benefit from absolute and relative earnings upside over the next 6-18 months as the global economy recovers.
U.S. Equities – Follow The Profit Cycle – July 23, 2020
· Equities ·
The uncertainties unleashed by the COVID-19 pandemic pose a significant challenge for investment strategy.
U.S. Equities – The Virus Makes The Timeline – March 31, 2020
· Equities ·
U.S. stock prices have recently bounced from their lows. To a large degree, the performance of the equity market going forward will be a function of sentiment towards the 2021 earnings outlook