Research
![Market Outlook – A Not-So-Healthy Stock Market Rally](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20221201-Cypress-Market-Outlook-pdf.png)
Market Outlook – A Not-So-Healthy Stock Market Rally
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20221128-World-Wrap-pdf.png)
World Wrap
– Global equities and fixed income climbed, while Commodities declined on lower oil prices.
– The advance was broad during the holiday shortened week with all factors, sectors and styles moving higher.
– China was the worst performing country in the world last week, declining 3.1% and weighing on Emerging market indices.
– Long-term Treasuries rallied causing the yield curve inversion to fall to new lows.
![Market Outlook – Yield Curve Inversion Sets New Lows](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20221125-Cypress-Market-Outlook-pdf.png)
Market Outlook – Yield Curve Inversion Sets New Lows
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20221121-World-Wrap-pdf.png)
World Wrap
– Prices for US Equities and Commodities went lower. Oil prices fell more than 9% over the week.
– Traditional defensive sectors Healthcare, Staples, and Utilities all rallied. All other sectors declined.
– Both developed and emerging international stocks moved up. China advanced 4.2%.
– Yields fell on Treasuries with longer maturities, making the yield curve inversion even steeper.
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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 97.5%
- Monetary 55.3%
- Valuation 100%
- Trend 34.9%