Alambic Insights

Is this what Euphoria Feels Like?

Bull markets are born in fear and die in euphoria, and it’s looking a lot like euphoria out there. Many metrics suggest that we may already be well into the final melt-up phase of this aging bull market.

Value Stocks Outperform in the Long-Run, and also in a Downturn

While the long-term outperformance of Value is ubiquitous, the relative outperformance of Value in a market downturn has yet to receive the attention it is due.   We show the protective value of value in market hiccups.

Coming Soon: Low Unemployment Predicts Market Turbulence

While declining unemployment is a positive sign for workers and economists, positive economic indicators are not always associated with positive equity market returns.

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