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.