Search Results for: cyclical

Valuation – S&P 500 Cyclically-Adjusted P/E Ratio Should investors take a cautious approach to U.S. equities as the S&P 500’s cyclically-adjusted P/E ratio remains elevated? Image: Gavekal, Macrobond

Cyclical Value vs. Defensive Value Energy and financials are expected to outperform the S&P 500 as the recovery continues. Image: Topdown Charts

Valuation – Cyclically-Adjusted P/E Why are U.S. equities more expensive than other developed markets? Image: BCA Research

Stocks – Global Cyclical Relative to Defensive Sectors vs. U.S. 10-Year Yields Is now the time for defensive stocks? Image: Longview Economics

Cyclicals/Defensives vs. ISM Manufacturing PMI Should investors favor defensive stocks for the rest of the year? Image: Nordea and Macrobond

Cyclical to Defensives Stock Ratio and U.S. 10-Year Bond Yield Is the drop in U.S. Treasury yields a cause for concern? Image: Morgan Stanley Research

Cyclical Stocks – Regional Banks vs. NYFANG Price Relative Should investors be careful about cyclical stocks? Image: BofA Global Investment Strategy

Performance – Cyclicals/Top 1000 Cyclicals are expected to underperform over the next quarter or two. Image: Morgan Stanley Research

European Stocks and MSCI U.S. – Cyclically Adjusted Price-Earnings Ratio (CAPE) Why are U.S. equities more expensive than European stocks? Image: Financial Times

24-Month Fwd P/E Discount of World Cyclicals vs. Defensives World Cyclicals are still trading at a discount vs. Defensives. Image: Goldman Sachs Global Investment Research