Latest Research

Half Time Report: What’s “Hot” and what’s “Not”. Group leaders and laggards for YTD, Q2 and June market action.

Buying new position in Railroad stocks, to replace deactivated Steel and Agricultural Product groups.

Revised forecasts again appear to be too conservative given prevailing spot and futures prices.

After painstakingly reconstructing energy sector stock components back into the 1950s and obtaining sales and earnings data also back to the 1950s, we were able to produce a long term study of profit margins in the oil patch.

A comparison of the performance of the current stock market recovery to the monthly performance averages of past recoveries (1900 to date and post-WWII era).

Stock market performance over a variety of time frames after the rate hikes.

We may be nearing a crossroads with our long-term holding in the Industrial Metals equities group.

Still bearish on the bond market. May deficit report encouraging.

Using Breadth Dynamics to assess strength of small cap stocks versus large cap stocks within various broad market sectors: Health Care, Materials, Consumer Discretionary, and Energy.

The current economic expansion will reach four years on 9/30/2005. Since WWII, the average expansion has lasted 57 months.

Jim Floyd looks at the history of flattening yield curves. It is very rare for short rates to be rising with long rates coming down, which is what we are seeing in the current environment.

Standard & Poor’s/MSCI did their annual review of the GICs groups and made some changes...in a few cases adopting groups we had already established at The Leuthold Group and had been tracking for several years. This month’s “Of Special Interest” discusses the changes and presents our take on the new groups.

A special Kate Welling interview with Steve Leuthold. Discussion runs the gambit from Leuthold’s current outlook for the stock/bond markets, to groups he favors, to liquidity concerns, and hedge funds.

For those who were having trouble remembering what positive returns felt like, May’s stock market strength probably came as welcomed relief.

With profit margins now at 9.85%, the Energy sector is now as good as it gets.

A chronological chart of the relationship between oil and stock prices.

Stock market now it is third year. Based on the average performance, this may be getting long in the tooth.

Andy Engel’s current take on the REIT sector. Discussed from both a quantitative and qualitative perspective. Should you be buying or selling REITs?

U.S. stock market is relatively overvalued on a composite basis when considering P/E, P/B, P/CF, Yield, and Market Cap/GDP.

U.S. focus equity fund net inflow of $12 billion is estimated for May, the strongest month of cash inflow since November 2004’s $12.9 billion.