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World Wrap

World Wrap

by | Jun 24, 2024 | ,

– Global equities and commodities advanced, while Treasuries and interest rate sensitive sectors declined.
– Large cap stocks underperformed on declines in Technology stocks.
– Emerging markets outperformed despite falling equity prices in China and India.
– Higher oil prices drove broad commodity indices higher. Agriculture and metals commodity sectors were down.

World Wrap

World Wrap

by | Jun 16, 2024 | ,

– US Equities, Treasuries, and Commodities climbed, while International equities sold off.
– Another extremely narrow, Tech-driven market advance. Only 2 of 9 style boxes and 4 of 11 sectors advanced.
– Developed Europe dragged down international equities. Emerging markets climbed on strength in India and Taiwan.
– The yield on the 10-year Treasury fell to 4.2%, the second lower low since April.

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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 99.7% 99.7%
  • Monetary 87.2% 87.2%
  • Valuation 99.3% 99.3%
  • Market Trend 9.8% 9.8%