MSCI World Growth Index vs. MSCI World Value Index

MSCI World Growth Index vs. MSCI World Value Index Over the past decade, global value stocks have remained in the shadow, while the sun has shone on global growth stocks. Image: Financial Times

September S&P 500 Return vs. October S&P 500 Return

September S&P 500 Return vs. October S&P 500 Return Does an up September for stocks mean an up October? It is an old myth and there’s no real correlation (R = 0.03). Image: McClellan Financial Publications, Inc.

Share Buybacks in China

Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research

Relative Performance of MSCI World Factors

Relative Performance of MSCI World Factors In the last two weeks, the shift to value stocks may indicate that investors expect rates to rise. Image: Financial Times

U.S. Equities at 70-Year Highs vs. European Equities

U.S. Equities at 70-Year Highs vs. European Equities Are European stocks more attractive than U.S. stocks? Currently, the euro area economy is more impacted by the global slowdown than the U.S. economy. And investors also think that the euro area economy is less resilient than the U.S. economy in the event of a shock. Image: BofA…

U.S. Business Cycle Indicator

U.S. Business Cycle Indicator The Morgan Stanley’s cyclical indicator is still in “downturn.” The entry into the “downturn” phase suggests lower returns for stocks and risky assets. Image: Morgan Stanley Research