More of our insights
Equities, and expected rate volatility, bounce together
Expected equity volatility quickly settled though it continued to climb in the rates market. Our chart revisits the divergence.
Equity market projects calm. Rates don’t. Which is right?
Rates and equity markets project two very different outlooks. Our chart looks at the expectations gap.
What’s next for a rate-dependent stock market?
As value takes the top spot and growth fades, our chart looks at equity leadership changes in 2021, noting their correlation to Treasury yields.
Cashing in: Utilizing free cash flow for equity valuation
With traditional measures of equity valuations near historic highs, we introduce free cash flow as an alternative basis for valuation.
Strong economic growth or low rates? Both can’t be right.
Treasury rates remain notably disconnected from economic growth expectations. Our chart looks at the divide, why portfolio flexibility remains key.
Equity performance increasingly rate-dependent
This week’s chart looks at duration risk within the equity market and why style agnosticism may be more important than ever in such an environment.
