The model has switched to a CASH/NEUTRAL signal. The market is at greater odds of a deeper correction given the escalating situation between the U.S. and China.
The ongoing bare knuckle brawl between the U.S. and China on trade matters will continue despite Trump's sometimes sanguine tweets of a hopeful resolution as China attempts to break out of its box against the world's existing super power, the United States.
As we saw last December, markets can correct sharply even in this era of QE.
(͡:B ͜ʖ ͡:B)
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