Applied Research

Stress Testing the US Presidential Election: A framework for quantifying market reaction to an unpredictable outcome

With the US presidential election now less than seven weeks away, many clients have been asking us how to forecast market returns ahead of this pivotal event.

Posted 09.15.20 Olivier d'Assier

Want to know what’s in store for the global economy? Don’t look to the US stock market…

The “recovery” of US blue-chip stock indices is cited as an indication that investors are betting on a swift, “V-shaped” global recovery. Yet, almost all other markets seem to be telling a very different story.

Posted 09.08.20 Christoph Schon, CFA, CIPM

Stressed-Out Dividend Yield Strategies Could Leave Some Wiggle Room in Your Risk Budget

Active strategies that tilt on dividend yield have suffered during the pandemic. Dividend yield ETFs have underperformed the broader US market, while their active risk has surged.

Posted 09.01.20 Diana R. Baechle, PhD

Current Nagging Concerns—and One Bit of Good News—for Active Managers in the US

The US market hit an all-time high this week. So are we finally out of the volatility woods? Not by a longshot.

Posted 08.24.20 Melissa R. Brown, CFA