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Quarterly ETF AA Model Update -- More Balanced but Still Aggressive

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The ETF AA Model has lessened its recommended equity exposure but remains overweight stocks at the top level. Other ETF indicators are supportive of an equity rally as well. Sub-level highlights include heavy weightings in Tech, small-caps, and emerging markets within equity. EM debt and high yield are overweighted in the bond portion of the portfolio.

Ned Davis Research | ETF Selection | Highlights | Weekly

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