Research

World Wrap

World Wrap

by | Jun 10, 2024 | ,

– Prices on Global equities and US Treasuries climbed, while commodities sold off.
– A narrow bifurcated stock market rally last week – only 2 of 9 style boxes and 5 of 11 sectors advanced.
– Emerging markets rebounded on strength in Asia. Mexico fell more than 11% after their election was perceived to give the Morena party too much power.
– All key commodity sectors declined. Gold prices fell on news that China’s central bank pausing gold purchases.

World Wrap

World Wrap

by | Jun 3, 2024 | ,

– Global equities declined, and Treasuries were flat for the week.
– While cap-weighted US Equities declined on Large Cap Growth weakness, 6 of 9 style boxes and 6 of 11 sectors advanced.
– Emerging markets were off more than 3% for the worst one week slide since April.
– Broad declines in commodities across every major commodity sector last week.

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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 96.8% 96.8%
  • Monetary 53.8% 53.8%
  • Valuation 99.9% 99.9%
  • Trend 47.0% 47.0%