MSCI All Country World Index (MSCI ACWI) – Value Minus Growth, One-Day Change Should investors forget growth stocks, as value investing is back in play? Image: Morgan Stanley Wealth Management
Performance – Global Equities Equal Weighted (MSCI ACWI Equal-Weighted Index) The MSCI ACWI Equal-Weighted Index has done virtually nothing since 2007. Image: BofA Global Investment Strategy
Dividends Yield on MSCI All Countries World Index (MSCI ACWI) Bye-bye dividends? Dividends have been hit hard by the coronavirus pandemic. Image: Financial Times
U.S. Dollar and MSCI ACWI Index This year, a weaker dollar could cause global stock prices to rise. Image: Bloomberg
Valuation – MSCI ACWI and STOXX Europe 600 – 24-Month Forward P/E Percentile vs. History Should investors pay attention to stock valuation? Image: Goldman Sachs Global Investment Research
Performance – MSCI Europe vs. MSCI ACWI and MSCI World Value vs. Growth Chart suggesting that Europe’s relative performance vs. MSCI ACWI seems similar to that of Value vs. Growth. Image: Morgan Stanley Research
Global Breadth – MSCI ACWI and Global Advance-Decline Line of 73 Country Indices The chart suggests a bullish trend for the weekly global index level breadth. Image: BofA Global Research
MSCI ACWI Value vs. Growth Relative Valuation and Global Manufacturing PMI Chart suggesting that value should outperform growth in the recovery phase. Image: Morgan Stanley Research
Valuation – MSCI ACWI Index’s 12-Month Forward Price to Earnings The risk of a correction is rising, as global stocks continue to rally and become more expensive. Image: Bloomberg
Fund Managers Sentiment and Global Stock Market Returns (MSCI ACWI) Are fund managers too bearish? Two-thirds of global fund managers say this is a bear market rally. Image: Hondo Tomasz