Monday, January 6, 2014

Random Charts of Kindness

Here's a spattering of updates from across some of our series.  

The long and short of which:
  • We are not big fans of the SPX here on an absolute basis and continue to prefer the financials relative to the SPX. 
  • Over an intermediate time frame (Q1), we favor a reflationary posture and expect emerging markets and China to outperform domestic equity markets.