Several months ago I reviewed the case for thinking that the long-suffering value factor for US equity investing was in the process of reviving. At the time, the evidence was sketchy but the outlook was encouraging. Fast forward to early August and the bullish trend looks a bit stronger for this corner of equities.
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Daily Archives: August 7, 2018
Macro Briefing: 7 August 2018
Ex-Trump aide testifies he committed crimes with Manafort: The Hill
US hits Iran with new economic sanctions: The Guardian
EU vows to counter US sanctions on Iran: Politco
As Brexit deadline approaches, UK looks to the Trump factor: Bloomberg
Beijing says China will not surrender to US ‘trade blackmail’: CNBC
India-US trade dispute is simmering: CNBC
California wildfire, largest in state history, continues to rage: Reuters
Corporate boards have ok’d 80% rise in stock buybacks vs. year ago: NY Times
Analysts lowered S&P 500 Q3:2018 earnings estimates by 0.6%: Factset