ModelEdge report

Dean Christians

1-20-2023 at 12:38 pm

Macroeconomic data has gone from bad to worse

The SentimenTrader Macro Index Model declined to the lowest level in more than a decade. After similar contractions, annualized returns for the S&P 500 were highly unfavorable. The Macro Index Model is not alone, as several other macroeconomic indicators deteriorated to a level that suggests a cautious outlook for stocks.

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