CHART OF THE DAY: Daily U.S. Quant

The #Quad2 story continues with its fervor. In the Chart of the Day, we’ve attached a portion of our Daily Quant product produced by one of our Macro gurus Christian Drake.  If you want a good story, take a look at these relative factor exposure performances:

• Energy +20.8% YTD versus Utilities -1.24%;
• High debt / enterprise value +10.1% YTD versus low debt / enterprise value +4.1%;
• High short interest +10.7% versus low short interest 2.5%; and
• High beta +11.9% versus low beta +0.9%.

Suffice it to say, if you get the macro economic conditions right (i.e. the Quads), you will get a lot of other things right. When it comes to investing, we can tell ourselves all the stories we want, but unless those stories go viral . . . they aren’t going to change much.