The Zempel Strategic Stock Market Model’s signal remained “bullish” in February 2017. Two model components (valuation and momentum) stayed bullish last month, and one (interest-rate changes) remained bearish. According to our rules, the model portfolio remains all invested in common stocks (S&P 500 Index).
Read MoreThe Zempel Strategic Stock Market Model’s signal remained “bullish” in December 2016. Two model components (valuation and momentum) remained bullish last month, and one (interest-rate changes) remained bearish. According to our rules, the model portfolio remains all invested in common stocks (S&P 500 Index)
Read MoreIf the economy follows the same path that it did in 2004-09, the next recession will not start until December 2019. The stock market has never peaked and fallen in bear-market fashion until after interest rates rose sharply (“Alert Zone”) or the yield spread became inverted (“Caution Zone”), and the Zempel Strategic Stock Model turned bearish. Neither a recession nor a bear market threatens now.
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