Research

World Wrap

World Wrap

– International stocks bounced, and commodities rallied on a sharp move up in crude oil prices.
– Energy and Financials were the best-performing sectors, lifting value indices along with them.
– France, Germany, and the UK rallied strongly, helping developed markets outperform.
– Commodities had a good week – spot prices in crude oil popped by more than 5% over the week.

World Wrap

World Wrap

– US stocks rallied while fixed income, real estate, and international equities declined. The S&P 500 closed the week at a new all time high.
– Large Cap Growth stocks had a strong week, which came at the expense of value stocks. Only five of 11 sectors advanced.
– China declined almost 6% on the week, putting it less than 5% away from taking out its 2022 bear market low.
– US Treasuries sold off, and the 10 Year yield has climbed back above 4%. As yields have risen, so has the value of the US Dollar.

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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 98.1% 98.1%
  • Monetary 33.4% 33.4%
  • Valuation 97.6% 97.6%
  • Trend 43.1% 43.1%