The upcoming election presents a stark contrast between Democratic nominee Joe Biden’s promise to overhaul the U.S. energy system to urgently deal with climate change
The uncertainties unleashed by the COVID-19 pandemic pose a significant challenge for investment strategy.
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
The U.S. equity market has started the year on a choppy note, with geopolitical tensions between the U.S. and Iran whipsawing stocks prices in recent days.
In this week’s Webcast Salvatore Ruscitti discusses the 2020 outlook for the U.S. equity market and how to position portfolios for the year ahead.
Today’s report discusses how to position U.S. equity portfolios for the year ahead.
U.S. equity prices have made new highs in the past month, with reduced recession fears and optimism about an easing of U.S./China trade tensions driving the advance
Global Equities – An Old, But Not Fully Mature Earnings Cycle – October 15, 2019
· Asset Class Reports · Equities ·
The global earnings upcycle is advanced, but should continue in the sluggish growth environment we anticipate in the year ahead.
Concerns about disruptive policy changes and headline risk in the lead-up to the 2020 presidential election have pressured the relative performance of the health care sector this year
In this week’s webcast Salvatore Ruscitti discusses recent trade and geopolitical events and their implications for the U.S. equity market outlook and portfolio strategy.
Equities have sold off sharply in the past week as the U.S. and China have ratcheted up pressure on each other in their deepening trade dispute.
This is Part II of a two-part annual update of the big-picture themes that form the foundation for MRB’s longer-term investment strategy.
Equities have been jolted in the past week after an abrupt escalation in trade tensions between the U.S. and China.
The first quarter saw cyclical stocks rebound from deeply oversold levels relative to their defensives counterparts.
In this week’s webcast, Salvatore Ruscitti discusses the outlook for U.S. equities and MRB’s recommended positioning.
The crosscurrents of strong corporate earnings and global trade/non-U.S. growth uncertainties warrant maintaining only a modestly pro-growth sector positioning stance.
In this week’s webcast, Salvatore Ruscitti looks at the upcoming changes to the Global Industry Classification Standard (GICS), and discusses their potential impact on sector behavior and the implications for investment strategy.
Major revisions to the Global Industry Classification Standard (GICS) structure are scheduled to go into effect on September 28, 2018.
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.
Valuations for the broad U.S. equity market have re-set lower since late-January.
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.
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.