Weekly Market Timing Update - 2018/30
Bond market - Global bond risk changes to neutral
Current Global Bond Market Risk
The Global Bond Market Risk Index (GBMRI) changes from positive to neutral. The GBMRI jumps to 55%. Last week the GBMRI reached a level of 26% (positive).
The Regional Bond Market Risk Sub Index (RBMRSI) for the Asia-Pacific region is showing the best performance with a neutral reading of 46%. Last week this index was at 21% (positive).
On the contrary, the RBMRSI for Latin America is showing the least positive performance with a negative reading of 75%. Last week this index was at 50% (neutral).
Our bond market timing strategy is still favoring to stay invested in all monitored government bond markets.
Stock market - Global stock risk remains bullish
US stock market risk remains positive at 28% (last week: 36%). US tech stock risk index is indicating a positive market environment at 28%.
The Global Stock Market Risk Index (GSMRI) changes from neutral to positive. The GSMRI decreases to 30% - a positive reading. Last week the GSMRI reached a neutral level of 41%.
The Regional Stock Market Risk Sub Index (RSMRSI) for the EAFE region (Europe, Australasia and the Far East), measuring the aggregated potential market risk of developed stock markets outside of the US and Canada, is showing the best performance, indicating a positive reading of 21%. Last week this index was at 36% (positive).
On the contrary, the RSMRSI for the Africa region is indicating the least positive reading at a positive level of 30%. Last week this index was at 46% (neutral).
All other Regional Stock Market Risk Sub Indices are showing positive readings.
Our gold mining stocks risk benchmark indicates the risk of gold mining stocks investments on an aggregated basis at 63% (negative).
Our stock market timing strategy is still favoring investments in global stock markets.
Current Global Stock Market Risk
Current US Stock Market Risk
Foreign exchange (FX) - US Dollar risk remains positive
Current US Dollar Risk
The Global US Dollar Risk Index (GUSDRI) remains positive. The US dollar is still showing strength against other major currencies. The GUSDRI increases to 12%. Last week the GUSDRI reached a positive level of 8%.
Please note that a risk index level equal or above 60% is indicating a rather high-risk and unfavorable market environment.
More information our intuitive risk indices and how they work at Market Risk Index - How it works.