Second time lucky, or Fooled me once?

Preface: Explaining our market timing models  We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade.   The Trend...

“50 bps in December”, or “Stay the course until the job is done”

Mid-week market update: In the long awaited Powell speech, the Fed Chair signaled, "It makes sense to moderate the pace of our rate increases...[and] the time for moderating the pace of rate increases may come as soon as the December meeting". The market reacted with a risk-on tone and began to discount a series of...

Waiting for clarity from the Nov 30 Powell speech

Preface: Explaining our market timing models  We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade.   The Trend...