Daily trend expectations based on ranged forecasts.
Daily: Positive
Weekly: Marginally positive
Monthly: Marginally negative
Quarterly: Negative
Annually: Marginally positive
Trends do not offer clear enough signals to take an index perspective. Forcing the recession risk indicator to 50% further supports that, but the results are admittedly more negative.
Daily trend expectations based on ranged forecasts when recession risk is increased to 50%
Daily: Positive
Weekly: Negative
Monthly: Negative
Quarterly: Negative
Annually: Marginally positive
Invest at your own risk.