Is the Market Turning? Fundamental Changes and Cross-Determination
In this week’s commentary, we would like to discuss our perspective for the short-term based on some changes we have been observing in the market. However, before we show this – mainly through some graphs – allow us to clarify the cross-determination part of the...Weekly Market Update
Market Action China’s yuan-denominated crude-oil futures surged on their debut Monday. Beijing hopes the new market will eventually give the country an oil benchmark to rival WTI in the U.S. and Brent Crude in Europe. China is the world’s biggest importer of oil after...Weekly Market Update
Market Action Stocks globally suffered steep losses for the week against a turbulent geopolitical backdrop including growing trade frictions between the United States and China. The declines took most of the indexes back into negative territory for the year to date....Rotation Strategies: Earnings Prospects and Fed’s Tightening Cycle
During times of accommodative monetary policies when rates drop and earnings prospects shine, growth stocks usually outperform value stocks. In a basic valuation model of discounting future earnings (especially for growth-oriented companies), value-oriented stocks...Weekly Market Update
Market Action Stocks moved lower on the week as volatility remained elevated. Last Friday marked the nine-year anniversary of the current bull market for U.S. stocks, which have logged more than 108 months without posting a decline of 20% that marks a retreat into...Sign Up for Our Publications
