The Dynamic Allocation Strategy’s equity allocation remains below 60%.

Three of the six top-level indicators in the model (relative strength, equity participation, and central banks) favor equities over fixed income.

U.S. Large-Caps, U.S. Growth, and U.S. High Yield received the largest weightings. Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRDAS202201031

Other posts

MI2 Partners Thoughts From The Divide: Never Rains But It Pours

BY JON WEBB
t’s been a challenging week for President Trump. The problems started when the Justice Department released a memo as part of their “commitment to transparency” that explained there was no evidence of an “Epstein client list” or that his death was suspicious. Trump offered a spirited defence of AG Pam Bondi, but this did little to placate the MAGA base, who appeared understandably sceptical. Reports that China believes it has the whip hand in trade negotiations because of its rare earth leverage can’t have improved the President’s mood. Worse still, there does seem to be substance to those reports. One poker tell was the recently announced deal between MP Materials and Apple, which will invest $500mn in rare earth magnets and a recycling facility (of course). That news followed last week’s announcement of a $400mn investment in MP by the Pentagon, no less! Trump then managed to go 0 for 3 when he ostensibly floated a trial balloon on firing Powell. The market reaction prompted a swift walk-back. Read more →

Reciprocal Trump Tariffs to Trump January PPI Data

BY TEMATICA
January Retail Sales ahead, but why we're interested in the February Flash PMI data Read more →

C8 Bulletin: Gauging the Impact of US Debt Limit Dynamics – Part II

BY JON WEBB
In February, one of our index providers, IVI Capital, outlined how the Debt Ceiling impasse would lead to an expansion of US liquidity, and more benign financial markets, until the Congressional stand-off was resolved. With the Debt Ceiling increase finally agreed, we asked IVI for an update. Read more →
Back to all posts →