A lot now depends on whether the markets are right about nCoV or not. A meaningful deterioration of the situation could bring a VaR shock for stocks while a quick recovery could challenge the bond markets.
BY ERIC FILL
This week we look at global growth prospects and how meaningful the disconnect between the financial and real economy has become.
Day Hagan/NDR Smart Sector® with Catastrophic Stop Strategy January 2023 Update
BY BRIAN SANBORN
Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy, model and allocations update.
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Thoughts From The Divide: Reversals of Fortune
BY JON WEBB
Last week’s TFTD (“Not Too Hot, Not Too Cold”) referenced Goldilocks to illustrate the tightrope US markets were walking: an economy slow enough to keep bond bulls happy, but not so slow as might spook equity bulls. This week, we continue the bear theme, courtesy of Ernie Tedeschi, and what might be taken as a public service announcement from the BLS, reminding both policymakers and the investing public of the dangers associated with “rear-view mirror driving”. The BLS benchmark revision is usually too wonky to attract press attention. But this is an election year, so naturally the BLS misplacing 818k jobs was an irresistible opportunity for conspiracy theorizing on the platform formerly called “Twitter”.
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NDR Dynamic Allocation Strategy July 2023 Update
BY BRIAN SANBORN
Dynamic Allocation Strategy, indicators, weightings update
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