Research
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20240226-World-Wrap-pdf.jpg)
World Wrap
– All major asset classes saw higher prices, but commodities were the biggest winner.
– Classic risk-on week when it came to sectors – with Healthcare, Staples, and Utlities declining while all other sectors advanced.
– Developed markets kept international equity indices in the green, as more than 60% of countries declined during the week.
– A barrel of Crude Oil crossed back above $80 for the first time since November. Oil prices are up more than 12% ytd.
![Market Outlook – It’s Okay to be a Pig.](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20240224-Cypress-Market-Outlook-pdf.jpg)
Market Outlook – It’s Okay to be a Pig.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20240226-World-Wrap-pdf.jpg)
World Wrap
– Nice gains for global equities, modest gains for Global Fixed Income, and losses for Commodities last week.
– All sectors and factors advanced, but small cap stocks struggled. Every small cap style box declined.
– 34 of 45 countries that we follow advanced. China’s equity market has had strong performance two weeks in a row.
– REITs are struggling across the board. They lagged this week despite a rally in bonds. They are the worst performing key asset class year-to-date.
![Market Outlook – It’s Okay to be a Pig.](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20240224-Cypress-Market-Outlook-pdf.jpg)
Market Outlook – Nvidia gets hailed, and the Conference Board bails.
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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%
- Monetary 53.8%
- Valuation 99.9%
- Trend 47.0%