Weekly Market Timing Update - 2018/33
Bond market - Global bond risk remains at medium risk
The Global Bond Market Risk Index (GBMRI) remains at medium risk. The GBMRI drops to 49%. Last week the GBMRI reached a level of 50% (medium risk).
The Regional Bond Market Risk Sub Index (RBMRSI) for the Asia-Pacific region is showing the best performance with a medium risk reading of 43%. Last week this index was at 36% (low risk).
On the contrary, the RBMRSI for Latin America is showing the least positive performance with a high risk reading of 100%. Last week this index was at 75% (high risk).
Our bond market timing strategy is issuing a new buy signal for the US government bond market.
Stock market - Global stock risk changes to high risk
The Global Stock Market Risk Index (GSMRI) changes from a medium risk to a high risk reading. The GSMRI increases to 68% - a high risk reading. Last week the GSMRI reached a medium risk level of 50%.
The Regional Stock Market Risk Sub Index (RSMRSI) for the Middle East and North Africa is showing the best performance, indicating a high risk reading of 64%. Last week this index was at 47% (medium risk).
On the contrary, the RSMRSI for emerging stock markets is indicating the least positive reading at a high risk level of 71%. Last week this index was at 50% (medium risk).
All other Regional Stock Market Risk Sub Indices are showing high risk readings.
US stock market risk remains at a medium risk level of 57% (last week: 49%). US tech stock risk changes from a medium to a high risk reading of 62% (last week: 50%).
Our gold mining stocks risk benchmark indicates the risk of gold mining stocks investments on an aggregated basis at 100% (negative).
Our stock market timing strategy is still favoring investments in global stock markets.
Foreign exchange (FX) - US Dollar risk remains at low risk
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.