Gauge ticks higher again as Commodity Prices and Corporate Earnings both move to the "favorable" column.
Corporate Earnings: The deterioration in profit margins appears to have stalled with help from income on cash balances (thanks to higher interest rates).
Commodity Prices: A broad-based decline in the U.S. dollar since last October and China’s efforts to stimulate its economy are both likely contributing to the turn in commodity prices.
See the report for more information about the Market Gauge and how it works. (last published August 8).
Global Asset Allocation
Strategas is moving some cash into bonds in its recommended allocations this month. Sep. 19
Market Outlook
A snapshot of the economy and markets today plus an outlook as we ramp up to the end of 2023. Sep. 12
Washington Policy
A shutdown looks likely in October, but its effect on the economy and markets should be limited. Sep. 12
Sector Allocation
Recommended U.S. Equity allocations with individual sector commentary and broader market context. Aug. 15