Dec 15, 2016
Our 2017 Bespoke Report market outlook is the most important piece of research that Bespoke publishes each year. We’ve been publishing our annual outlook piece since the formation of Bespoke in 2007, and it gets better and better each year! In this year’s edition, we’ll be covering every important topic you can think of dealing with financial markets as we enter 2017. And to say that 2017 should be an interesting year for asset classes would be an understatement given the huge rotation we’ve already seen in just a few weeks since the Presidential Election was held back on November 8th.
The 2017 Bespoke Report contains sections like Washington and Markets, Economic Cycles, Market Cycles, The Fed, Sector Technicals and Weightings, Stock Market Sentiment, Stock Market Seasonality, Housing, Commodities, and more. In this year’s edition, we’ll also be featuring our new “Trump Index” of stocks that we expect to perform best in 2017 based on the new administration.
Over the next few weeks until the full publication is sent to paid members on December 29th, we’ll be releasing individual sections as we complete them. Today we have published the “Market Cycles” section of the 2017 Bespoke Report, which looks at the current bull market that is now entering its 9th year. In this section we look at historical bull markets and how they typically look when they’re close to reaching a top. Is the current bull also looking toppy or does it still have legs?
To view this section immediately and also receive the full 2017 Bespoke Report when it’s published on December 29th, simply sign up for a 30-day free trial to Bespoke Premium. It’s that easy!
Dec 13, 2016
Our 2017 Bespoke Report market outlook is the most important piece of research that Bespoke publishes each year. We’ve been publishing our annual outlook piece since the formation of Bespoke in 2007, and it gets better and better each year! In this year’s edition, we’ll be covering every important topic you can think of dealing with financial markets as we enter 2017. And to say that 2017 should be an interesting year for asset classes would be an understatement given the huge rotation we’ve already seen in just a few weeks since the Presidential Election was held back on November 8th.
The 2017 Bespoke Report contains sections like Washington and Markets, Economic Cycles, Market Cycles, The Fed, Sector Technicals and Weightings, Stock Market Sentiment, Stock Market Seasonality, Housing, Commodities, and more. In this year’s edition, we’ll also be featuring our new “Trump Index” of stocks that we expect to perform best in 2017 based on the new administration.
Over the next few weeks until the full publication is sent to paid members on December 29th, we’ll be releasing individual sections as we complete them. Today we have published the “Seasonality” section of the 2017 Bespoke Report, which highlights the seasonal tendencies of large, mid, and small cap stocks, as well as individual sectors and additional asset classes.
While we never recommend investing based solely on seasonal factors, we do think it should be a part of the investing equation. Take the chart below, for example, which shows the cumulative performance in 2016 of how an investor would have performed by investing in the three sectors that have historically performed the best and worst in each month of the calendar year. Beginning at the close on 12/31 and through 12/12, an investor who purchased an equal share of the three sectors that historically do best during the upcoming month and then repeated the process at the end of each month would have a gain of 22.1% in 2016 compared to a gain of 9.0% for a strategy of buying the three sectors that have historically performed the worst in each month. Over that same time period, the S&P 500 is up 10.3%. So even in a year where we saw some wild swings driven by outside forces, a strategy of buying the seasonal winners more than doubled the return of going long the seasonal losers.
To view our full “Seasonality” section immediately and also receive the full 2017 Bespoke Report when it’s published on December 29th, simply sign up for a 30-day free trial to Bespoke Premium. It’s that easy!
Dec 13, 2016
Our 2017 Bespoke Report market outlook is the most important piece of research that Bespoke publishes each year. We’ve been publishing our annual outlook piece since the formation of Bespoke in 2007, and it gets better and better each year! In this year’s edition, we’ll be covering every important topic you can think of dealing with financial markets as we enter 2017. And to say that 2017 should be an interesting year for asset classes would be an understatement given the huge rotation we’ve already seen in just a few weeks since the Presidential Election was held back on November 8th.
The 2017 Bespoke Report contains sections like Washington and Markets, Economic Cycles, Market Cycles, The Fed, Sector Technicals and Weightings, Stock Market Sentiment, Stock Market Seasonality, Housing, Commodities, and more. In this year’s edition, we’ll also be featuring our new “Trump Index” of stocks that we expect to perform best in 2017 based on the new administration.
Over the next few weeks until the full publication is sent to paid members on December 29th, we’ll be releasing individual sections as we complete them. Today we have published the “Thematic Performance” section of the 2017 Bespoke Report, which highlights the various market themes like large caps versus small caps, value versus growth, and stocks versus bonds that are currently outperforming and underperforming as we get set to enter the new year.
To view this section immediately and also receive the full 2017 Bespoke Report when it’s published on December 29th, simply sign up for a 30-day free trial to Bespoke Premium. It’s that easy!
Sep 30, 2016
Today we hosted our Q4 Outlook presentation for all Bespoke clients at 2 pm ET in which we discussed our views on what to expect for the balance of 2016. The Q4 Outlook presentation and audio recording of the call are available for paid members only. You can become a member with one of our three subscription levels, descriptions of which can be seen at our Bespoke Research Packages page. If you are already a member, please login here to view the replay and slides.
Jun 24, 2016
We were scheduled to host our Q3 Outlook call today based on the Quarterly Outlook report we published on Wednesday. Instead, due to the volatility around the Brexit “Leave” vote last night, we pivoted our presentation towards Brexit implications because it has obviously become much more relevant today. It was certainly an interesting exercise to get it prepared from about midnight last night when the BBC called it for “Leave” through this morning at 11 am when we were scheduled to hold the call. Having said that, we hope our clients found it useful to put today’s events in context. We will of course have more to say about Brexit over the coming days (and beyond).
The Brexit presentation and audio recording of the call are available for paid members only. You can become a member with one of our three subscription levels, descriptions of which can be seen at our Bespoke Research Packages page. If you are already a member, please login here to view the replay and slides.
Jun 22, 2016
Based on the popularity of our 2016 annual outlook piece, the Bespoke Report, we decided to provide additional quarterly updates throughout the year. Our Q3 Bespoke Report market outlook was published today. In this quarter’s report, we looked back at a Q2 in which a lot happened but very little changed, and we also look ahead to the rest of 2016. This report is for Bespoke members only and is available with any of our three membership levels. You can review all of our membership options and subscribe today to see the report immediately. Below is just one of the many charts in the report, but we thought we’d highlight that, historically, the third quarter has been the weakest for equity market returns. Read the report to find out if we think that is likely to be the case in Q3 2016 as well.
