Prior to August 6th, and for at least a month we had a market environment of tech, growth, low beta, dividend growers, and the quality factor outperforming. Then, last week, again following that jobs report, we got the flip side of that with financials, value, high beta, high dividend payers, and the momentum factor outperforming.
This brings us to the week ahead. Does the market environment of last week end up being just a trade or was it the beginning of a trend? The direction of interest rates and expectations for future growth could provide the clues needed to answer that question.
Subject: What a difference a week makes
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