Below are some basic charts of the main asset classes with our old 10 month simple moving average overlaid. The old QTAA model would be parked in a whopping 80% or so cash and bonds right now. It is surprising to see, but the only market still in an uptrend is US stocks (I’m ignoring ethanol and cattle). That is scary since US stocks happen to be one of the most expensive stocks markets in the world.
Click to enlarge any chart.
US Stocks
US Small Cap Stocks
Foreign Developed
Foreign Emerging
Long Bonds
US REITs
Foreign REITs
Commodities
Gold
Russia
