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September 01, 2020 1:37pm
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Selections for a new bullish impulse

Mid-week market update: Numerous signs of a new bullish impulse are appearing.
  • The American economy has sidestepped a recession;
  • Sentiment is not excessively bullish; and
  • Price momentum is strong.
It is a truism in investing that you should buy when blood is running in the streets. The latest update of NDR's Global Recession Model shows the probability of a global recession, which is defined as sub-3% growth, at 96.63%.


One application of that rule is to buy risky assets when a recession is evident to the public. It seems that we have reached that point, what should we buy?

The full post can be found here.

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