Highlights
- Conversations with clients continue to reveal a heightened sense of concern about looming risks in the market.
- Although we too share these concerns, the market, as of now, appears not to.
- We are focused on the Risk Gauge as our guide through this uncertainty, along with a few key support levels derived from our trend model.
- Until we see evidence that the market is starting to discount these risks, we will stick to our plan of. . .