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The reign of RO/RO and commodities

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Risk-On/Risk-Off Ratio and commodity trend reflect economic expectations that are also supporting global equities. Long-term performance and external indicators will help determine if commodities have entered a secular bull. If current correlations persist, an ongoing commodity advance would take place with rising equities, bond yields, and inflation expectations, along with a rising RO/RO.

Ned Davis Research | Equities | Global Focus | Weekly

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