Weekly Market Timing Update - 2018/37
Bond market - Global bond risk remains at high risk
The Global Bond Market Risk Index (GBMRI) remains at a high risk reading. The GBMRI increases to 79%. Last week the GBMRI reached a level of 65% (high 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 57%. Last week this index was at 32% (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 100% (high risk).
The bond market timing strategy is issuing new sell signals for the German and Swiss government bond markets.
Stock market - Global stock risk remains at high risk
The Global Stock Market Risk Index (GSMRI) remains at a high risk reading. The GSMRI decreases to 63%. Last week the GSMRI reached a high risk level of 70%.
The Regional Stock Market Risk Sub Index (RSMRSI) for the Middle East/North African region is showing the best performance, indicating a medium risk reading of 58%. Last week this index was at 64% (high risk).
On the contrary, the RSMRSI for the African region is indicating the least positive reading at a high risk level of 76%. Last week this index was at 82% (high risk).
All other Regional Stock Market Risk Sub Indices are showing high risk readings.
US stock market risk changes from a high risk to a medium risk level of 54% (last week: 62%; high risk). US tech stock risk decreases to a medium risk reading of 56% (last week: 66%; high risk).
Currently all three exit timing signals are active. Consequently, a new global stock market sell signal is triggered.
Our stock market timing strategy is favoring to stay out of all 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.