Green Book November 2012
Login
For full access, please enter your credentials.
Not a Subscriber?
If you are interested in subscribing to The Leuthold Group, contact us online or give us a call at 612-332-1567.
Contact Us
Featured Articles
Correlations: Digging Deeper At The Sector & Group Levels
Correlations have been extremely elevated over the past few years when compared to historical levels. The question is, which parts of the market has this impacted the most?
Is The Glass “Half Full”?
A “dozen” major market measures have moved to new bull market highs in the last three months. But many of these have been the groups that do best when “risk” is “off,” and may be a reason “Ain’t Nobody Happy,” even in an up year.
Major Trend Undergoes Revisions
We have chosen to have the original MTI “subsume” many critical global measures, and put all of our best efforts into a single tool monitoring the overall stock market environment.
Mapping The Emerging Market Health Care Sector
We’ve published a series of research notes detailing our thoughts on the Health Care sector in Emerging Asia and formed a thematic group “Asia Healthy Tigers.” Even though most of the investable companies in Emerging Market Health Care are located in Asia, we decided to expand to other regions as well.
New Positions In Select Industries Portfolio
Two groups were purchased in the Select Industries portfolio in late October: Health Care Services and Wireless Telecommunication Services.
Value Vs. Momentum Performance
We see a strong and clear Poor-Value/Strong-Momentum pattern emerging, which could indicate a looming market top. While QE3 could disrupt it, the pattern looks unmistakable.
Wealth Effects: Housing Likely To Be The Bright Spot
The stock market wealth effect has been direct and pronounced. But it’s been wearing off, with the subsequent rally after each Fed stimulus weaker than the previous one.
Table of Contents
Stock Market
- Is The Glass “Half Full”?
- Major Trend Undergoes Revisions
- Mapping The Emerging Market Health Care Sector
Of Special Interest
Macro Monitor
Equity Strategies
Quant
Correlations: Digging Deeper At The Sector & Group Levels
Correlations have been extremely elevated over the past few years when compared to historical levels. The question is, which parts of the market has this impacted the most?
Is The Glass “Half Full”?
A “dozen” major market measures have moved to new bull market highs in the last three months. But many of these have been the groups that do best when “risk” is “off,” and may be a reason “Ain’t Nobody Happy,” even in an up year.
Major Trend Undergoes Revisions
We have chosen to have the original MTI “subsume” many critical global measures, and put all of our best efforts into a single tool monitoring the overall stock market environment.
Mapping The Emerging Market Health Care Sector
We’ve published a series of research notes detailing our thoughts on the Health Care sector in Emerging Asia and formed a thematic group “Asia Healthy Tigers.” Even though most of the investable companies in Emerging Market Health Care are located in Asia, we decided to expand to other regions as well.
New Positions In Select Industries Portfolio
Two groups were purchased in the Select Industries portfolio in late October: Health Care Services and Wireless Telecommunication Services.
Value Vs. Momentum Performance
We see a strong and clear Poor-Value/Strong-Momentum pattern emerging, which could indicate a looming market top. While QE3 could disrupt it, the pattern looks unmistakable.
Wealth Effects: Housing Likely To Be The Bright Spot
The stock market wealth effect has been direct and pronounced. But it’s been wearing off, with the subsequent rally after each Fed stimulus weaker than the previous one.
Stock Market
- Is The Glass “Half Full”?
- Major Trend Undergoes Revisions
- Mapping The Emerging Market Health Care Sector
Of Special Interest
Macro Monitor
Equity Strategies
Quant
Perception for the Professional
March 2026 Issue
Featured Articles
Sector Navigator
March 2026 Issue
