Portfolios Applying Our Research In The Markets
Tactical Asset Allocation Portfolios
Major Trend Index Positive: Equity Exposure At 65-66%
The MTI remains safely in the positive zone. Accordingly, equity exposure is positioned at 65-66%, near the high end of our bullish range of 50-70%.
Both the Core and Global portfolios lagged their benchmarks in February. While U.S. markets were the strongest, equities rallied across the globe. Low volatility and defensive stocks came back in favor, while commodity stocks struggled.
The MTI remained unchanged from the end of September and is still safely in the positive range.