Daily Archives: Oct 25, 2019 at 07:35 am EDT

The Revival In The US Equity Value Factor Rolls On

In mid-September I wondered if the nascent rebound in value stocks was more than a flash in the pan. A month later, this long-challenged corner of the equity market continues to show encouraging signs that a renaissance is intact, based on analysis of a set of exchange traded funds. It’s still a tentative recovery, but for the moment, at least, it seems that the value factor has a tailwind.

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Macro Briefing | 25 October 2019

White House pressure on Ukraine went beyond freezing military aid: WaPo
Pentagon considering plans to deploy tanks to Syria to protect oil fields: CNN
Turkey demands US extradite Syrian Kurdish leader: Reuters
German business expectations improved in Oct after touching 10yr low: BBG
Fed expected to cut interest rates next week: BBG
US Composite PMI edges up in Oct, but still reflects slow growth: IHS Markit
KC Fed Mfg Index: activity continued to decline in Oct: KC Fed
New US home sales fell in September, but remain near post-recession high: MW
Jobless claims fell last week, reflecting tight US labor market: CNBC
US business investment (core capital-goods orders) continued slide in Sep: MW