Research

World Wrap

World Wrap

– Global equities rallied, led by US stocks. Prices on US Treasuries were flat.
– Broad move higher in stock prices as all sectors, factors, and style boxes advanced.
– Developed markets outperformed as Germany climbed more than 4%. Germany was the second best performing country in the world last week.
– Precious metals outperformed all commodity sectors, as Gold and Silver prices appear poised to test their highs.

World Wrap

World Wrap

– Global stocks and bonds advanced, led by international equities. Commodities declined.
– Sectors and factors were mixed with half the factors that we track advancing, and six of 10 key sectors moving higher.
– Emerging Markets outperformed on the back of another robust weekly performance from Asian stocks.
– All broad commodity sectors slid with Energy prices faring worst. Crude oil futures fell nearly seven percent.

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Market Risk Index

Market Risk Index scales from 0 to 100%. Higher readings correspond with higher risk markets. Scores below 25% are bullish. Scores between 25-75% are neutral, and scores above 75% are markets vulnerable to major drawdowns.

Model Category Readings (Percentiles)

  • Psychology 94.7% 94.7%
  • Monetary 37.2% 37.2%
  • Valuation 99.0% 99.0%
  • Trend 47.5% 47.5%