Every day this week has brought more new lows than new highs but for now the trend in net new highs continues to rise. If that rolls over, tactical and cyclical risks would rise.
In our Three for Thursday video update (The Good, The Bad, and The Ugly Of August Volatility) we look at evidence that suggests that won’t happen, a reason why that could happen, and try to explain why everyone is so confused about inflation (hint: they are looking at the wrong indexes).
Portfolio Applications subscribers can review the latest updates to our Systematic (Moving Toward Small-Caps and Away From Europe) and Discretionary (Adjusting Equity Exposure To Follow Relative Strength Rotation) Portfolios.
