CHART OF THE DAY: #Quad2 Numbers > Narratives

I know – what a difference a week makes. From a Factor Exposure perspective in US Equities it was a big #Quad2 week too:

A) HIGH BETA stocks were up another +8.0% to +35.2% in the last 3 months
B) SALES GROWTH (top 25%) stocks were +7.3% to +27.1% in the last 3 months
C) EPS GROWTH (top 25%) stocks were +6.5% to +26.0% in the last 3 months
*mean performance of Top Quartile vs. Bottom Quartile, SP500 Companies

The alternative to being long all of these #Quad2 Asset Allocations, Sector Styles, and Factor Exposures would be long fear, and a headline chasing process that might have you long something like Gold (-1.8% last week and -7% in the last 3 months).

Being a Full Cycle Investor is a data-driven decision. You must be all-in to realize Full Cycle results.