What Are the Asset Allocation Implications of a Persistently Weak Dollar? [CHARTS]
We’ve been arguing since the end of 2016 that we could be in for a sustained period of USD weakness … Read more
Knowledge Leaders Capital Blog
Cyclical Indicators Are Providing A Boost To The Global Materials Sector
It may be an overlooked fact that the global materials sector is the best performing sector over the last three … Read more
Why Is North America’s Equity Market Underperforming?
On a relative basis, compared to the developed world, North American stocks peaked on November 23, 2016, and have since … Read more
A Mini-Correction
The last week has witnessed the return of multi-directional volatility in the equity markets for the first time since just … Read more
Looser Financial Conditions Should Support Economic Growth And Stocks In The Second Half
Proxy metrics for financial conditions from the US dollar, to interest rates to corporate bond spreads have been loosening since … Read more
Performance Trends Highlight Optimism on Foreign Stocks [CHARTS]
Equity allocators should take note that performance trends in North America are deteriorating while they are picking up outside the … Read more
Coal Is Dead And Other Thoughts On Fossil Fuels From Peter Zeihan
With energy setting records as the worst performing sector year-to-date, we were curious about Geopolitical Strategist Peter Zeihan’s thoughts on … Read more
Despite Earning Beats, Analyst Expectations Have Barely Budged
By most accounts the Q2 earnings reporting season has been a good one, with most companies surprising to the upside … Read more
USD YTD- Second Worst Start In About 70 Years [CHARTS]
The USD is off to its worst start since 1985, down about 9%. In the chart below (courtesy of Bianco … Read more
Five Reasons & 21 Charts On Why Foreign Stocks Should Outperform
As our regular readers are aware, we’ve been pounding the table all year arguing that foreign stocks are in a … Read more
Calibrating The Energy Sector’s Potential Outperformance
It’s news to no one that energy has been the worst performing sector year to date with plenty of hatred … Read more
Can Financials Be Leadership With A Flattening Yield Curve?
The financial sector has been getting a lot of attention recently with earnings announcements so we thought we’d weigh in … Read more
One (More) Reason To Expect The USD To Continue To Fall
The USD is weak again today and plunging lows not seen for 15 months. The “obvious” reasons for the USD … Read more
From Active to Passive or From Passive to Cheaper Passive?
It’s been awhile since we’ve weighed in on the active/passive debate so we thought we’d toss our hat in the … Read more
Chinese Corporate Financials Keep Up Disturbing Trend Of Deterioration
Highlighting the deteriorating trend in Chinese corporate financials has been an annual feature our of this blog. This year, instead … Read more