While the US economy hummed on, June was a rollercoaster month for oil prices and (geo)political tensions. However, stock market bulls were not distracted and stock prices continued to march higher. What does this all mean for the recommendations of our quantitative Money Talks Money Walks model?
Financial markets have shown an impressive recovery in May, despite ongoing uncertainty regarding the effect of higher import tariffs on the economy. This month, there are 8 recommendation changes in our quantitative ‘Money Walks, Money Talks model.
Huge Volatility and uncertainty were the names of the game last month. As a result, there are several changes in the outcomes of our Money Talks, Money Walks model across all asset classes this month..
Due to the correction at financial markets, there are several changes in the asset allocation recommendations of our Money Talks Money Walks model. The mood is no longer ‘risk on’, but we don’t see a total capitulation of investor sentiment yet.
