Signals of a Coming Recession Are Absent, Ned Davis Says
Forget about retreating to defensive stocks for now, per the firm’s analysts, as the risk of a downturn in the ‘next several months is low.’
Forget about retreating to defensive stocks for now, per the firm’s analysts, as the risk of a downturn in the ‘next several months is low.’
Ned Davis Research shows that various ways of gauging price-to-earnings ratios demonstrate equities reaching historically high levels.
Other emerging market nations, such as Taiwan and India, are compensating for weakness in the Chinese market.
Firm commodities prices and expected EM growth are tailwinds, the research firm contends.
Research firm overweights equities and bullion, amid pending rate drop.
The solid economy and expected rate drops are powering the risky asset class higher, Ned Davis reports.
Analysts at the celebrated research shop say value will come to the fore during the upcoming recession.
In midterm election years, it’s the worst, and in other times it’s no prize either, says LPL’s Detrick.