From Chief Investment Officer Tom Veale,
“Watching a stampede from the distance can be thrilling. However, watching it turn toward your location might be a bit unnerving. The ease of which money can flow from one asset class to another is mercurial and slippery for short term investors. Those with a longer time horizon than a heartbeat don’t usually see the need to create yet another taxable event each time the herd changes course.
The purpose of the SignalPoint Market Risk Indicator (MRI) has been to allow a safe viewing of the “Running of the Bulls.” It helps us to keep reasonable perspective while we watch from relative safety.