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Our Portfolio Allocation Summary for September 2025.
MacroQuant sees downside risks to stocks over a long-term horizon but is not yet saying that we are at imminent risk of an equity bear market.
 US equities remain significantly overvalued but fall short of classic bubble conditions. Our Chart Of The Week comes from Jonathan LaBerge, Chief Strategist of our Special Reports Unit.As the S&P 500 flirts with all-time highs,…
Special Report We revamp several of our methodologies in this edition of our return assumptions. We estimate that a US 60/40 portfolio will return 6.1% over the next 10 years. This is slightly below the return assumptions for US pension funds.…
Special Report In this week’s Special Report, we introduce our newly constructed China High-Frequency Index (HFI).  The HFI provides a timely measurement of China’s current economic conditions, helping investors to gauge cyclical turning…
Special Report Our newly constructed China Economic Pressure Indicator shows intensifying household stress, raising the likelihood of new policy support in the coming months. We recommend a tactical trade as a stimulus hedge.
 Momentum is building behind small-cap and value stocks, signaling a rare dual tailwind for cyclical styles. Our Chart Of The Week comes from Guy Russell, strategist for Equity Analyzer.While market attention remains focused on the…
Our Portfolio Allocation Summary for August 2025.
We maintain our 12-month US recession probability at 60%. However, until the “whites of the recession’s eyes” are more clearly visible, we would refrain from moving to a fully defensive stance.
MacroQuant is recommending that equity investors keep their finger near the eject button but avoid pressing it for now. The model is warming up to the dollar again and sees scope for oil prices to rise.