ab 14 August 2025 Global Research US Equity Strategy The Theme-ometer: Signs of improvement for less favored themes A market of themes We leverage our REVS framework on a suite of thematic equity stock lists to objectively assess which themes should be more or less favored. REVS is our quantamental stock selection framework. Our philosophy is that stock prices are impacted by the macroeconomic regime (R), the operating environment for earnings (E), the market assessment of valuations (V), and sentiment (S). ...