One of my favorite commentary pieces to read are those from Willie Delwiche, a strategist with Baird. I have always felt that he puts out some of the most straight-forward depictions of what is going on in multiple asset classes, and his latest report did not disappoint. In particular, Willie chose to focus on the […]
Dana Lyons on Equal-Weighted Averages
Last week, Dana Lyons put out a post titled “Weight Of Evidence Back With Bulls?“, where he discussed the relative performance of two equal-weighted indices against their more popular, weighted peers. Specifically, he discussed the S&P 500 Equal Weight (RSP) against the S&P 500 (SPY) and the Nasdaq Equal Weight (QQEW) against the Nasdaq (QQQ). […]