The model has three signals:
- Bullish: When there is a clear upwards, or reflationary, global trend
- Bearish: When there is a clear downwards, or deflationary, global trend
- Neutral: When the trend signals are not discernible
After several repeated requests from readers, here is the report card of the Trend Model. I want to make clear that this study represents the real-time track record of actual out-of-sample signals. These are not backtested. The results were solid, and the analysis was also revealing about what an investor should expect when using this model for asset allocation.
The full post can be found here.