Gavekal Capital: Macro Factors Front and Center Again This Week

Friday, December 20, 2013

Macro Factors Front and Center Again This Week

Our factor scoring work is showing macroeconomic factors to be the main driver of stock price returns again this week as they hold seven of the top ten spots. This is unsurprising given the knock on effects from the Fed's tapering decision on Wednesday. Yet, it is a good reminder of the kind of market we are still faced with as we head into the fifth year of this recovery.

Below we show the top ten best performing factors on a 1 Week basis, sorted from highest to lowest.

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