Macro Digest: Out conservative allocation model is now 100% in cash! & inflation coming ?

Our long term investor allocation model is now 100% in cash according to it's signal and in practice 100% long bonds.

 

 

The model trades three assets: Bonds, Equity and Gold. The performance YTD is 7.7%

 

 

 

When the model is long it's 33.3% long of each asset class.

 

If "out" it goes to long bonds, but practically the model would be 100% cash today as ALL trading signal has us OUT OF THE MARKET.

 

This is a warning signal for the market and as this happens EXTREMELY rarely it's worth observing…

 

Also attached this morning Macro-chartmania – should any of you want to "subscribe" just reply with "macromania" in headline…

 

Inflation EXPECTATIONS is being driven higher – 2017 "Stag-flation light"?