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.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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