In today’s briefing:
- Overweight Value Within Global Ex-U.S. Equities; DXY Below $105.70; Buys in Global Value
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
Overweight Value Within Global Ex-U.S. Equities; DXY Below $105.70; Buys in Global Value
- Our overall outlook remains largely unchanged; we remain bullish on global equities as long as the MSCI ACWI (ACWI-US) is above major $93 support.
- We also discussed that if the 10-year Treasury yield remains below 4.35% and the DXY is below $105.70, we would continue to expect $93 support on ACWI-US to hold.
- The 10-year Treasury yield is attempting to break above 4.35% and this could create a problem for ACWI-US; we will continue to monitor closely.