Latest Equity Risk Monitor Commentary
Country volatilities ease, despite surging pandemic; Asset correlations drop to 12-month low, driving down risk; Is the sector rotation over?
Risk appetites keep rising; Emerging markets industry risk at 12-month high; US market wobbles as risk remains relatively flat.
US stocks continue to rally in 2021; Growth keeps outperforming; Brazil—one of the hardest hit emerging markets.
Predicted risk remains high across the board; UK Equities among the biggest losers of 2020; Developed and Emerging Markets risk finish the year at parity.
US small-cap stocks close in on their larger counterparts; Value sees a strong reversal—except in Japan; The greenback continues to weaken.
Asset diversification at new high since March; US investors gain confidence in dividend yields; China comes out on top, as its risk continues to slide.
Global ex-US markets reach new YTD highs on vaccine news and start of Biden transition; Japan reaches 30-year high on vaccine news and Size factor returns shoot up; European investors react positively to vaccine news and start their rotation trade.
US Small Caps soar on vaccine news; US Energy and Industrials strengthen; Investors push the risk envelope.
Country-level volatility soars globally; Momentum posts some of its largest drops in over two decades; Style factor volatilities jump.
US stocks rally as U.S. election results crystallize; Risk rises for all developed countries, not just the US; Momentum continues to outperform in Developed Markets ex-US.
Asset correlations jump ahead of US elections; Emerging Markets now less risky than Developed Markets; Emerging market currencies falter as US dollar strengthens.
Europe lags in risk—and also returns; US Real Estate still in the red, despite upbeat housing data; Worldwide Profitability diverges from other style factors.
