The Cyclical/Defensive Relative Valuation Ratio jumped to yet another record in July, with Cyclicals commanding a valuation premium of 23%. Put differently, investors have a very strong implicit bet that the economic expansion will continue.
Aug
07
2025
Super-Stretched Cyclicals
Login
For full access, please enter your credentials.
Not a Subscriber?
If you are interested in subscribing to The Leuthold Group, contact us online or give us a call at 612-332-1567.
Contact UsAbout The Author
Perception for the Professional
August 2025 Issue
Featured Articles
Sector Navigator
August 2025 Issue
Recent Tags
Stablecoins
(1)
Dollar
(57)
Tobacco
(9)
Recession Dashboard
(4)
Fed Policy
(174)
Growth
(121)
Credit
(12)
Selloff
(1)
Recession
(70)
Value
(132)
Germany
(4)
Dreams and Nightmares
(5)
Yield Curve
(86)
Election
(11)
China
(45)
Gold
(84)
Easing
(1)
CPI
(171)
Market Rotation
(2)
Inflation
(585)