Macro Digest: Our conservative asset allocation model moves to 67% CASH! = RISK OFF

Our conservative asset allocation model is now NEUTRAL in Gold…this add to neutral in FIXED INCOME, leaving only equity long..

 

Model is now 67% long cash theoretically … = RISK AVERSION prevails…

 

Steen

 

 

Please find the results of the Tactical Asset Allocation attached. Today's actions are shown below:

CLOSED POSITIONS:
 - Gold (GLD)

NEW POSITIONS:
 - None

 

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