– Nowhere to hide among broad asset classes as risk assets declined across the board. High inflation and the Russian invasion of Ukraine dominate headlines.
– Only one of nine sectors moved higher – Energy – which climbed 2%. But, it wasn’t enough to keep value stocks out of the red this week.
– An eerie sight – Russian equities are showing up as 100% decline. No Russian investments are trading.
– Gold and silver provided a safe haven, advancing 1% and 1.5% respectively.
– Fed asset purchases end this week, but the prospect of Fed tightening and the Ukraine invasion have already led to substantial monetary tightening.
– Psychology improves, but the speculative spirit of the Covid-MMT-stimulus era has not broken.
The Market Trend Analyzer is a price based, long term trend following system designed as a fail safe for investment strategy and portfolios. Charts show current MTA condition for US equities, international equities, global equities, REITs, and commodities.
Popular market valuation metrics
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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)
