Daily Archives: July 8, 2024

Has Risk-On Run Out Of Road?

More investors are asking the question lately, in part because markets are seemingly defying gravity and ignoring various macro and geopolitical risks. Yet a broad reading on market trends has yet to signal trouble ahead, based on a review of ETF pairs. That doesn’t ensure the bull run will continue, but at this point the idea of calling a top and going defensive is based primarily on contrarian-based forecasting. Trend analysis, by comparison, still reflects optimism, rational or otherwise. Pick your poison.

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