Sector ROOF scores in the US show that sentiment has been neutral for two weeks, after an unusually long bullish period. However, investors may return to their bullish outlook driven by fiscal stimulus and continued (seemingly indefinite) Fed action.
On Sep. 21 Qontigo will implement announced changes to the sectorial classification structure of STOXX indices following the first major overhaul of the Industry Classification Benchmark (ICB) in years.
With the US presidential election now less than seven weeks away, many clients have been asking us how to forecast market returns ahead of this pivotal event. It’s a fair question, but a challenging one, to be sure.