Global Equity Markets in Focus

Where are equity investors moving their money and why?

There are plenty of risks worrying equity investors. From ongoing geopolitical instability that could affect global supply chains of key materials and goods to uncertainty over the direction of major central banks' monetary policy. Within this chaos though there are also bright spots. This collection represents some of the latest and best research on global stock markets to help investors navigate the current market environment.

Do Investors Score With Football Stocks? (Robeco)

These stocks might not be on every investor's radar, largely due to their low market capitalizations. However, they can present great opportunities.

Use This ‘Goldilocks Market’ to Prepare for Its End (Guggenheim Partners)

Talk of Goldilocks has taken hold in the markets, and with it the risk-taking allure of not-too-hot and not-too-cold investing conditions. But is this the right attitude?

A Century of Global Equity Market Correlations (American Economic Review)

Since stock returns themselves are highly volatile, any examination of what drives correlations needs to focus on long runs of data.

Good Results? The Profit Outlook Is Dim (American Century Investments)

U.S. profits contracted for the second consecutive quarter while earnings growth slowed but stayed positive in Europe and Japan.

How Expensive Is The US Equity Market? (Lombard Odier IM)

For compliance reasons, this paper is only accessible in certain geographies

The S&P500 looks very expensive at first sight, given the recent rally. However, just how expensive are U.S. equities?

Value and Profitability/Quality: Complementary Factors (Alpha Architect)

Value, profitability, and quality are factors that meet all of the criteria for an investor looking for solid risk-adjusted returns in this market.

Dividends And Option Premiums: A Dual Income Story (S&P Dow Jones Indices)

To help diversify risk and add incremental income, market participants might look for non-traditional sources of income generation such as a covered call strategy.

Analysts Are Good at Ranking Stocks (University of Gothenburg)

The strong performance of the relative ranking forecasts is most easily understood by noting their similarity with within-analyst demeaned forecasts.

The Price of Risk: With Equity Risk Premiums, Caveat Emptor! (Aswath Damodaran)

The central argument of this paper, backed by substantial data, is that the equity risk premium is central to investing.

How the U.S. and China Compete in Tech Sectors (Wall Street Journal)

A detailed video exploring how the U.S. and China are competing in the technology sectors, looking at EVs, chip makers and more.

Pulse of Fintech H1 2023 (KPMG)

The first six months of 2023 were quite challenging for the global fintech market. Will the conditions be more supportive moving forward?