The long-run historical return premium linked to value stocks remains intact if you’re measuring performance across decades, but the strategy of favoring inexpensively priced shares has had a rough run lately.
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Daily Archives: February 22, 2018
Macro Briefing: 22 February 2018
Trump favors arming teachers to prevent school shootings: Reuters
Air strikes by Syrian regime and Russian allies kill more than 300 since Sun: WaPo
Fed minutes: officials say growth, inflation make case for more rate hikes: The Hill
Fed’s Quarles: US economy in “best shape” since financial crisis: Bloomberg
US existing home sales post biggest year-over-year drop in 3 years in Jan: Reuters
Signs of slower US growth are on the horizon: MainStay Investments
Larry Swedroe: research shows that combining factors can outperform: ETF.com
Small-biz sentiment indicators are no silver bullet for investors: Barry Ritholtz
Southern Poverty Law Center: hate groups in US are proliferating: Reuters
Composite PMI: US output in Jan rises at fastest rate since Nov 2015: IHS Markit