– All major asset classes fell with US Equities and Real Estate again being the worst performers.
– Financials, Staples, and Utilities climbed. Meanwhile, the Tech’s behavior as a safe-haven the week prior proved short lived. The Tech sector slid more than 7%.
– Thirty-nine of the 45 countries we track declined. The Asia region was hardest hit.
– Gold climbed, and Copper surged to a 52 week high. Global Fixed Income and Bitcoin struggled.
– Prices on all key global asset classes fell during the week. US Stocks and Real Estate were hardest hit.
– All sectors, styles, and factors declined. Large Cap Growth, driven by Tech stock performance, fared best.
– Emerging markets held up well in a down week – led by India, China, and Taiwan.
– Gold shot to another new all time high, and the US dollar was up a whopping 1.7% – surging to the highest level since November.
%
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)
