On a 6-month+ outlook, we stick with a risk-off asset allocation while cyclical LEIs are negative and our US Recession Signal remains active. We highlighted potential portfolio hedges for VP clients as the US recession unfolds and policymaker panic is absent.
There comes a point when the oscillator becomes useless, that being when the Brics go all in on a gold backed currency. If I were Russia and China tomorrow would be appropriate.
Not quite yet, perhaps........
https://www.mcoscillator.com/learning_center/weekly_chart/golds_price_oscillator/
There comes a point when the oscillator becomes useless, that being when the Brics go all in on a gold backed currency. If I were Russia and China tomorrow would be appropriate.
Very interesting read, thanks for releasing it.