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Oct 07 2021

The Trend Is A Bit Less Friendly

  • Oct 7, 2021

The MTI’s move to its Negative zone with the October 1st reading was driven by a few trend breakdowns—ones that could well reverse in short order. Recognizing the volatility of these signals (and perhaps having been “conditioned” by the one-way market of the last 18 months), we opted for just a minor asset allocation adjustment.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager