Going parabolic - IR&M risk management update
- Summary: Overall changes were balanced. From 63 regime tests in this update, 61 (97%) were positive.
- Economic momentum remains mostly positive. OECD leading indicators continue to rise. Consumer sentiment remains rising, business sentiment remains falling.
- Earnings momentum remains positive, rising sharply in January. Earnings estimates are rising strongly in Energy and Financials.
- Risk: CPI is stable and PPI is, sort of, pretty stable too. Latest changes were noise.
- Notable: S&P 500 going parabolic.
Philly new orders index fell sharply.
FTSE 100 is troubled.
DAX to rise from 13k to 122k.
Buffett might have lost bet in risk-adjusted return terms.
Ineichen Research and Management ("IR&M") is a research firm focusing on investment themes related to absolute returns and risk management. IR&M was founded in 2009 and is an independent company, fully owned by Alexander Ineichen. IR&M is based near Zug, Switzerland, a healthy distance to the main epicentres of mainstream financial thinking. IR&M’s research is designed to improve its clients’ investment decision making. The basic premise is the idea that long-term success is dependent on survival and avoidance of large losses, i.e., the management of risk, not returns.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.