Jodie Gunzberg

Managing Director, Head of U.S. Equities
S&P Dow Jones Indices

Jodie M. Gunzberg is Head of U.S. Equities at S&P Dow Jones Indices (S&P DJI). She is responsible for the product management of S&P DJI’s U.S. Equity indices, including the S&P 500® and The Dow®, the most followed equity indices in the world. Jodie is the chief spokesperson and product strategist for these indices, educating the market about their benefits and risks, and she sources market feedback to manage continued product development for growth opportunities. Jodie also oversees certain indices relevant to retirees, including the S&P Target Date and S&P STRIDE index series.

Jodie joined S&P DJI in 2010 as Director of Commodities product management. Prior to that, she spent several years in investment consulting at Ibbotson and Morningstar, and was the chief investment strategist for Marco Consulting, where she advised roughly 350 Taft-Hartley plans with USD 85 billion in assets. Jodie started her career as an actuarial associate at New York Life Insurance Company and subsequently worked as a quantitative analyst and portfolio manager on the buy-side. She managed real estate at Equity Office Properties, fixed income at ABN AMRO Asset Management, and equities and hedge funds at Driehaus Capital Management and Aragon Global. 

Jodie is a CFA charterholder, as well as a member and curriculum consultant of the CFA Institute. She is also a former member of the Board of Directors for NYSSA and CFA Chicago. Jodie currently serves on the Advisory Board for the Department of Finance of Hofstra University and the Editorial Advisory Board for J.P. Morgan Center for Commodities at the University of Colorado. She received her MBA from the University of Chicago, Booth School of Business, and earned a B.S. in Mathematics from Emory University.

Author Archives: Jodie Gunzberg

There’s Nothing Equal About Equal Weight Returns

Let’s use the S&P 500 as a starting point since it is the most basic beta, or representation of the U.S. stock market.  Since its launch in 1957, it has grown with the stock market and has become the most widely used benchmark of the U.S. stock market with numerous products tracking it.  Although in Read more […]

Where May Equities Go From Here?

February ended the longest historical monthly winning streak of 15 months for the S&P 500 (TR) that lost 3.7%.  On a total return basis for the month, 10 of 11 sectors lost, which has only happened in 12 of 342 months or 3.5% of the time (all 11 lost together in 13 months for a Read more […]

Spending Too Little In Retirement?

Yes, you read that right.  You might not be spending enough in retirement.  It seems impossible after rigorously following savings plans during the course of your career in order to achieve that golden nest-egg to provide just what you need to retire.  However, a problem arises when “what you need to retire” might not be Read more […]

3 Reasons To Love Equities When Rates Are Rising

Equities haven’t been the most lovable asset class lately but there are reasons to love them despite these prickly times.  The first reason to love equities in rising rate times is that they have gained significantly. Since 1971, the S&P 500 (TR) has gained about 20% on average in rising rate periods, has gained 8 of Read more […]

Energy Stocks Beat Oil Futures In Rising Inflation

There may be a legitimate concern about rising inflation since inflation has been under the Fed’s target for years and there is now very low unemployment with signs of accelerating economic growth.  The low unemployment rate and strong growth are probably positive for the stock market and the tax cuts may provide even more upside.  However, Read more […]

Here’s Why Mid-Caps Matter As The Dollar Drops

The S&P 500 just posted its best January since 1997, and also had its highest measured optimism, a 6.6% risk premium,  since October 2015.  Whether history repeats itself is yet to be seen, but just a few days after that high risk premium, the stock market topped on Nov. 3, 2015.  By December investors saw the Read more […]

S&P 500 Posts Best January Since 1997

If the glass can be more than half full, this stock market glass is so full, it’s time to wonder when it may spill over.  Large-caps continue to lead the U.S. equity market with the S&P 500 (TR)  delivering its 15th consecutively positive month, its best month since March 2016, its best January since 1997 Read more […]

Capturing Global Market Gains Using U.S. Sectors

Almost a decade after the global financial crisis, the S&P Global BMI (Broad Market Index), a measure of the global stock market has gained 234.4% from its bottom on March 9, 2009.  As of January 26, 2018, the index level was 33.7% above its pre-crisis high that happened on October 31, 2007.  Interestingly, the current Read more […]

Small Caps Need No Style To Accelerate With GDP

The first estimate of US GDP for the fourth quarter is set to be released this Friday and the median forecast is 3.0% according to MarketWatch, which if met or exceeded will be the first time 3 consecutive quarters to show at least 3% growth since the first quarter of 2005.  While this is supportive Read more […]

It May Not Be Time To Fear Stocks Yet, But Perhaps Real Estate

Euphoria seems to be taking over the stock market with frequent stories of new highs – but what is more important is how strong the stock market performance is relative to the bonds.  Month-to-date through Jan. 18, 2018, the S&P 500 is outperforming the S&P 500 Bond Index by 3.8%, the most since Dec. 2016, when Read more […]