2021 January FSI Sector Outlook
ETF Driven Strategy
Brian Rauscher
Head of Global Portfolio Strategy & Asset Allocation

Brian Rauscher is a Managing Director and Head of Global Portfolio Strategy and Asset Allocation at FSInsight. He joined Robert W. Baird & Co. as Chief Portfolio Strategist in 2012 after 15 years on Wall Street. He has also worked on the buy side as the U.S. Equity Strategist at Fortress Investment Group on the Liquid Macro Fund. From 2004-2009, Rauscher was at Brown Brothers Harriman as the Director of Portfolio Strategy and Director of Research. Prior to that, he worked for five years as an investment strategist on the team of Wall Street legend Byron Wien, at Morgan Stanley.
FSI Sector Allocation
You are currently reading an old outlook from our archives. Please consider reading our latest outlook here before making investment decisions and changes on your portfolio.
January Outlook
The S&P 500 in December kept its upward momentum and rewarded investors with another solid rise of over 3% following the impressive gains it had in November The month was a bit choppy as the index stair-stepped higher while Congress continued to struggle with getting the much anticipated fiscal stimulus package passed. Importantly, Congress ultimately finalized the much-needed package despite the last minute uncertainty that arose when the President tried to push for a higher dollar amount in the stimulus checks.
There continues to be a back and forth between positive and negative news headlines; negative headlines being dominated by the new more contagious strain and dismal case numbers and positive headlines about the vaccine rollout and healthcare/economic progress. Thus, on a day to day basis, the equity market can appear volatile depending on what story is most dominant on a given day.
From our perspective, it is important for investors not to get paralyzed or overly bearish as a result and keep your eyes on the bigger picture that will impact your equity returns — the 2021 corporate profits recovery. There may be some bumpiness in equity prices during the first quarter of 2021, but the key indicators in our research process remain bullish and we are still suggesting that investors should view dips as buying opportunities.
The S&P 500 in December kept its upward momentum and rewarded investors with another solid rise of over 3% following the impressive gains it had in November The month was a bit choppy as the index stair-stepped higher while Congress continued to struggle with getting the much anticipated fiscal stimulus package passed. Importantly, Congress ultimately finalized the much-needed package despite the last minute uncertainty that arose when the President tried to push for a higher dollar amount in the stimulus checks.
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MacroFSI Macrofrom$199/mobilled anuallyFirst Month Free!What's included?Webinars and MediaWebinarsWe host over 12 LIVE webinars per year with our research team and high-profile special guests. Incredible value and market insights!WeeklyComing SoonFireside ChatsWeekly interviews with our research heads about market opportunities and important updates.ResearchWeekdaysTom Lee's First WordThe best market research out there -- on a near-daily basis.On market eventsTom Lee's Intraday WordThese are released periodically after crucial market developments.DailyDaily Technical StrategyDaily commentary on market trends and short term opportunities.WeeklyComing SoonWallStreet’s WhispersExclusive insights based on discussions with institutional clients.WeeklyQuantFocus Clarity Through AIQuantitative market research utilizing industry-leading analytical methods.WeeklyUS PolicyWeekly update on developments in Washington DC and how they may impact Wall Street.WeeklyWeekly RoadmapWeekly summary of market events and updates on our key theses.Earnings seasonEarnings DailyA multi-faceted update of earnings developments.Updated bi-weeklySignal From NoiseHighlights timely market themes and sectors with corresponding stocks, cutting through the day-to-day market “noise” for a distinct perspective.Stock ListsUpdated quarterlyGranny ShotsThematic investment stock picks that aim to outperform the S&P 500.Updated monthlyComing SoonBrian’s DunksSingle stock pics that are poised to outperform the index by leveraging sector outperformance and earning revisions strategies.Updated monthlyFSI Sector AllocationA sector allocation strategy that is designed to outperform the S&P 500 while taking minimal risk.Updated monthlyFactor StrategyList of ETFs based on quantitative models that should outperform the S&P 500 on a monthly basis.And More!FSI AcademyOur main goal is to make you a better investor! This series will guide you through key financial concepts and topics in an understandable way.Community QuestionsWe gather your inquiries and answer them in the most scalable way. Hear directly from our research principals!Community InterviewsGet questions answered directly by our research heads and guest speakers.Get access to all the macro research on FSInsight
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FSI Sector Allocation
You are currently reading an old outlook from our archives. Please consider reading our latest outlook here before making investment decisions and changes on your portfolio.