Traditional-NBER methods for compiling a diverse basket of cyclical-economic indicators into a summary composite measure changed very little over the last fifty years. Although improvements to factor ...

The Morningstar U.S. Consumer Cyclical Index slipped 3% quarter to date, underperforming the broader U.S. equity market's 1% gain (Exhibit 1). We attribute the sector's relative struggles to increased ...

Andrew Lane: Within the Morningstar equity research department, we keep a close eye on the performance of the Wide Moat Focus Index, a collection of the cheapest U.S. wide-moat-rated stocks under our ...

(This is a guest post from the Crossing Wall Street.) One of the quick-and-dirty metrics I like to look at is the Morgan Stanley Cyclical Index (^CYC) divided by the S&P 500 (^SPX). The Cyclical Index ...

There have been times this year, including parts of the second quarter, where defensive sectors had their moments over cyclical groups, but it appears the latter are reasserting themselves. The ...