iM Update – October 25, 2024

Stock-markets:

Fig-2.-10-25-2024 The MAC-US model invested the US stock markets in first week of February 2023.

 

 

 

 

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Fig-2.1-10-25-2024 The MAC-AU model generated a buy signal end  November 2023,  and is invested from the Australian stock market.

This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.

 

Recession:

 

Fig-3.1a-10-25-2024   BCIg is not signaling a recession.

 

 

 

Fig-3.1c-10-25-2024The growth of the Conference Board’s Leading Economic Indicator does not signal a recession.

 

 

 

Fig-3.2-10-25-2024The Forward Rate Ratio between the 2-year and 10-year U.S. Treasury yields (FRR2-10) is an inverted state since beginning August 2022 and is progressing to a non-iverted state in a week or two.

A description of this indicator can be found here.

 

 

Fig-3.3-10-25-2024The iM-Low Frequency Timer switched to bonds on 9/26/2022.

A description of this indicator can be found here.

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