Macro Update: 1 Week Later, Risk Remains ‘On’ As 2 Of 3 Amigos Ride On
February 16, 2018 at 20:09 PM EST
Despite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk ‘on’ backdrop. Many of the shorter-term indicators, like junk bond ratios and the Palladium/Gold ratio say the same thing.