– Mixed week for asset classes – US equities and commodities rallied, while international equities and US Treasuries declined.
– Small caps, Value stocks, Energy, and Financials outperformed. Energy stocks climbed 4.7%.
– China declined again, falling 2.8% last week and down more than 17% ytd.
– Treasury yields climbed as did key commodities. Crude oil was up 3% and Lumber 4.5%.
– MRI reverses, moves up to 77.7%
– Another small dip gives speculators another opportunity to buy it, and they didn’t disappoint.
– Equity return forecast hits a new all-time low.
– Global equities declined, while Treasuries and Commodities moved higher.
– Small caps bucked the market’s trend and rallied. So did Energy stocks.
– It was a difficult week for Emerging markets, as Chinese equities dropped 4.8% on credit market concerns.
– Natural gas prices climbed 3.4% bringing the year to date gains to 93.2%.
– Monetary composite improvement helps Market Risk Index score.
– AAII survey suggests individual investors got more nervous this week.
– Equity valuations and falling bond yields drive return expectations for 60/40 into negative territory for the first time.
%
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)
