A key part of Mill Street’s work is tracking US and global equity sector and industry trends using a mix of bottom-up (aggregated company data) and top-down (macro data) inputs. The Technology sector naturally...

One of the distinguishing features of Mill Street’s research process is that it can give both “top down” views on the macroeconomic and asset allocation outlook, or “bottom up” quantitative stock selection based on...

The US economy keeps surprising to the upside, forcing economists and the Fed to catch up. Commentary from Fed officials has shifted to favoring rate cuts later rather than sooner, meaning policy rates will...

On a day-to-day basis, one could be forgiven for thinking that all that matters to stock and bond investors is the precise path of future Federal Reserve rate policy. The Fed gets a HUGE...

A key differentiating element of Mill Street’s research is the intersection of “top-down” and “bottom-up” inputs to asset allocation decisions. That is, a lot of strategists and researchers focus mostly on top-down indicators like...

One of the big questions every investor has to wrestle with in some way or another is whether their own expectations differ meaningfully from what the “market” (investors in aggregate) expect. Only when results...