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Jun 11 2015

MTI Rose 0.02 to 1.10 Data For Week Ended June 5, 2015

  • Jun 11, 2015

The Major Trend Index rose 0.02 to 1.10 last week, largely on the back of a 46-point jump in the Economic/Interest Rates/Inflation category. Despite the cyclical concerns we’ve detailed at length in the last few Green Books, the MTI—and stocks—refuse to give up the ghost, and the Core and Global Funds remain positioned with net equity exposure of 61%.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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