Our model research indicates a negative outlook for European, Japanese and Emerging Market equities. U.S. equities remain overvalued despite the S&P 500 index decline of over 10% from its mid-February high. The model’s preference in fixed income continues to favor intermediate-term U.S. Treasuries. Gold and U.S. Treasuries provide the potential for upside opportunity and downside protection should the equity markets continue to sell-off.

The onset of the Coronavirus alongside recent changes in several economic indicators have increased the level of uncertainty for global economic growth.  Correspondingly, our research indicates a less positive outlook fo…

We begin the year of 2020 summarizing the fourth quarter of 2019 and looking ahead into the new year. The fourth quarter was strong with China trade talks being positive. This helped ease investor fears of an imminent recession&…

Continued monetary stimulus from the Fed, including $60 billion per month in balance sheet expansion beginning in October, along with positive investor psychology have continued to propel equity markets higher. Currently …

Additional monetary stimulus from the Fed combined with accommodative monetary policies from both Europe and Japan provide the potential catalyst for risk assets to appreciate further and the global economy to begin to stab…

Despite the recent lowering of short-term interest rates by the Fed, our model research continues to indicate that U.S. equities remain significantly overvalued. As we head into the fourth quarter, we are maintaining reduce…

August turned out to be a month which would not fall under the heading of summer doldrums.  It was a difficult month for global equities, including the S&P 500 index which declined by over 2.75%.  Also, the bond market saw int…

With volatility returning to the markets, listen to our latest Podcast for Fritz Folts and Eric Biegeleisen’s views on the global capital markets. Subscribe to the Podcast to receive monthly updates.…

Our model research continues to indicate that U.S. equities remain overvalued while Emerging Market equities remain somewhat undervalued ……

Our model research continues to indicate that U.S. equities are overvalued. Emerging Market equities remain somewhat undervalued ……