Daily trend expectations based on ranged forecasts:
Daily: Positive
Weekly: Flat
Monthly: Flat
Quarterly: Negative
Annually: Flat
I’m on the sidelines given the different expectations based on daily and weekly forecasts. Looking alternatively at forecasts that assume a 50% recession risk, the trend expectations are considerably more negative, but I’m using that negative scenario forecast as a sanity check of the main forecast, not an override of the standard forecast. Invest at your own risk.