No one will confuse it with Bitcoin, but momentum is certainly red hot among US equity factor strategies, based on a set of ETFs. Stocks exhibiting relatively strong and persistent performance have outperformed for much of the year so far and the gap has widened in recent weeks.
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Daily Archives: December 7, 2017
Macro Briefing: 7 December 2017
Widespread condemnation follows US decision on Jersusalem: BBC
Palestinian militant group calls for new uprising against Israel: Bloomberg
US increases troops in Syria to 2000: NY Times
US government shutdown risk is still rising: Reuters
ADP: Private US employment rose a healthy 190k in Nov: CNBC
Revised Q3 data still reflect strong productivity gain for US economy: RTT
Bitcoin blows past $14k; market cap exceeds most S&P stocks: MarketWatch
US sector correlation close to record low: Business Insider