Public Publication Content

No Shortage of Positives

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Indicators describe bullish conditions for global equities, with Global Balanced Account Model recommending more overweight equity allocation. Correlations remaining positive between bond yields and equities, as market has yet to view rising bond yields as a threat to economic growth and profitability. Interest rates have yet to reach levels at which positive rate differentials would have bullish implications for the U.S. Dollar Index, with currency investors more focused on the more positively correlating economic differentials.

Ned Davis Research | Equities | Global Focus | Weekly

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