JHMT News and Press, John Hancock Multifactor Technology From 04/01/22

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Fundamentals always win out in the end, regardless of what style is trending. Volatility opens up opportunity in names that were previously out of reach. Our strategy summarized: clear buy/sell disciplines, a flexible asset allocation process, and a long-term perspective. Fo...

We believe that the Cybersecurity theme can help manage geopolitical risk in a portfolio, as well as idiosyncratic risk linked to companies’ product and supply chain weaknesses. We expect equity markets to be supported by negative real yields as high inflation persists. The...

Emerging Markets are outperforming the rest of the world, due in large part to windfall profits in the commodities-exporting countries of South America and the Middle East. If you want to follow the money, this is a good place to start. Money has been flowing out of tech, consumer dis...

We think that the inflection point is now. The past 18 months have accelerated the use of technology both on the consumer and business side - whether it’s in e-commerce, digital banking, or clean energy. Companies that do not have sunk capital in legacy business models are ofte...

The most recent sanctions are wreaking havoc on global financial markets. The Russian ruble is also plunging, and the Russian economy is being squeezed. Most global equities are also down since the start of the war, and with investors on edge, volatility is spiking. The effects of thi...

Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets around the world. Disruptions from this war and the higher energy prices that result could significantly dampen Europe&#x...

One of the simplest but most important lessons an investor can learn is this: capital follows returns; returns don’t follow capital. Money comes into a sector only after it has had a terrific run in terms of investment performance. Furthermore, that influx of new money nece...

Non-U.S. markets, including EM, DM, and Asia, are outperforming the U.S. markets after underperforming last year. After slightly underperforming growth last year, value is where the money is flowing. With the economy still in growth mode, cyclical stocks should do better than defe...

The price of government bonds, particularly those with shorter maturities have declined considerably over the past seven months. Growth rates and future earnings are inextricably connected. Value companies often command much lower price to earnings ratios. For further detail...