Welcome to Fundstrat
A differentiated approach to market strategy and sector research

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.


Download our Brochure


Welcome to Fundstrat
A differentiated approach to market strategy and sector research

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.


Download our Brochure





We are constructive on stocks in 2018, driven by earnings growth of +13% and slight P/E expansion, supported …

We see 2018 being less favorable for FANG (still like Technology overall, but ex-FANG). Another potential he…

We believe investors should have exposure to blockchain, particularly given bitcoin has essentially zero corr…

We upgrade Industrials from Neutral to OW given multiple factors point to an acceleration of capex in develop…

We see Europe HY yield up 49 bps in past 2 week more as a sector call rather than a market call. Still, we v…

More reports are available in the Research Library.



We see secular outlook remains bullish supported by long-term cycle data – S&P 14,…

The long-term relative performance of stocks to bonds continue to support a case to …

We see the more important technical developments remain at the style, sector and gro…

We see weekly momentum decelerating but S&P 500 uptrends intact, Growth vs Value rem…

We see cyclical rebound/recovery broadening as a growing number of economy sensitive…

More reports are available in the Research Library.



Macro-Enabled Spreadsheets for DQM Dec Portfolio

The Doctor Quant Model outperformed the S&P 500 Equal Weight benchmark in December, …

The Doctor Quant Model (DQM) trailed the S&P 500 Equal Weight benchmark in November,…

Macro-Enabled Spreadsheets for DQM Dec Portfolio

Macro-Enabled Spreadsheets for DQM Sep 30 Portfolio

More reports are available in the Research Library.



We remain constructive on the outlook for bitcoin and blockchain overall and while r…

We revised mid-2018 Target to $20,000 from $11,500. It has been quite a whipsaw in B…

We see millennials now represent the largest cohort of the US and just entering thei…

We see the trading of these contracts will be a positive in the short-term and long-…

We see arrival of liquidity products like CME Futures, margin trading and lending an…

More reports are available in the Research Library.



President’s “tough talk” at meeting on DACA compromise has heightened chances …

With 2018 mid-term elections, bipartisanship may be hard to find but needed on some …

First major victory of Trump era at hand with tax bill passage this week all but cer…

We see this was a vote against Roy Moore, and it would be a mistake to interpret thi…

Republican tax bill in final push for passage by Christmas. Senate passage last wee…

More reports are available in the Research Library.




We are constructive on stocks in 2018, driven by earnings growth of +13% and slight P/E expansion, supported …

We see 2018 being less favorable for FANG (still like Technology overall, but ex-FANG). Another potential he…

We believe investors should have exposure to blockchain, particularly given bitcoin has essentially zero corr…

More reports are available in the Research Library.



We see secular outlook remains bullish supported by long-term cycle data – S&P 14,…

The long-term relative performance of stocks to bonds continue to support a case to …

We see the more important technical developments remain at the style, sector and gro…

More reports are available in the Research Library.




Macro-Enabled Spreadsheets for DQM Dec Portfolio

The Doctor Quant Model outperformed the S&P 500 Equal Weight benchmark in December, …

The Doctor Quant Model (DQM) trailed the S&P 500 Equal Weight benchmark in November,…

More reports are available in the Research Library.



We remain constructive on the outlook for bitcoin and blockchain overall and while r…

We revised mid-2018 Target to $20,000 from $11,500. It has been quite a whipsaw in B…

We see millennials now represent the largest cohort of the US and just entering thei…

More reports are available in the Research Library.




President’s “tough talk” at meeting on DACA compromise has heightened chances …

With 2018 mid-term elections, bipartisanship may be hard to find but needed on some …

First major victory of Trump era at hand with tax bill passage this week all but cer…

More reports are available in the Research Library.





We are constructive on stocks in 2018, driven by earnings growth of +13% and slight P/E expansion, supported …

We see 2018 being less favorable for FANG (still like Technology overall, but ex-FANG). Another potential he…

We believe investors should have exposure to blockchain, particularly given bitcoin has essentially zero corr…

We upgrade Industrials from Neutral to OW given multiple factors point to an acceleration of capex in develop…

More reports are available in the Research Library.



We see secular outlook remains bullish supported by long-term cycle data – S&P 14,…

The long-term relative performance of stocks to bonds continue to support a case to …

We see the more important technical developments remain at the style, sector and gro…

We see weekly momentum decelerating but S&P 500 uptrends intact, Growth vs Value rem…

More reports are available in the Research Library.



Macro-Enabled Spreadsheets for DQM Dec Portfolio

The Doctor Quant Model outperformed the S&P 500 Equal Weight benchmark in December, …

The Doctor Quant Model (DQM) trailed the S&P 500 Equal Weight benchmark in November,…

Macro-Enabled Spreadsheets for DQM Dec Portfolio

More reports are available in the Research Library.



We remain constructive on the outlook for bitcoin and blockchain overall and while r…

We revised mid-2018 Target to $20,000 from $11,500. It has been quite a whipsaw in B…

We see millennials now represent the largest cohort of the US and just entering thei…

We see the trading of these contracts will be a positive in the short-term and long-…

More reports are available in the Research Library.



President’s “tough talk” at meeting on DACA compromise has heightened chances …

With 2018 mid-term elections, bipartisanship may be hard to find but needed on some …

First major victory of Trump era at hand with tax bill passage this week all but cer…

We see this was a vote against Roy Moore, and it would be a mistake to interpret thi…

More reports are available in the Research Library.