Barclays: We're About to Enter a New Stock Market Regime

We might be just one month away from the first interest rate increase by the Federal Reserve in nearly a decade, the prospect of which should be sending investors scuttling to figure out how best to prepare their portfolios.

According to Barclays, the turn of the U.S. interest rate cycle will likely produce a new regime for the stock market. A team of analysts led by Ian Scott in London found that past tightening cycles have tended to produce outperformance in value stocks, or those that are underpriced relative to their peers and fundamentals.