{"id":3442,"date":"2022-12-06T21:05:23","date_gmt":"2022-12-06T21:05:23","guid":{"rendered":"https:\/\/www.signalpointinvest.com\/?p=3442"},"modified":"2023-02-22T14:36:16","modified_gmt":"2023-02-22T14:36:16","slug":"market-risk-report-as-of-december-5-2022","status":"publish","type":"post","link":"https:\/\/www.signalpointinvest.com\/market-risk-report-as-of-december-5-2022\/","title":{"rendered":"Market Risk Report as of December 5, 2022"},"content":{"rendered":"\n<p>From Chief Investment Officer Tom Veale,<\/p>\n\n\n\n<p>Continued strain caused by rising interest rates and inflation has kept the Market Risk Indicator\u2019s \u201cRelative Valuation Index\u201d component in cautionary territory. Confusion over the next turn in markets continues to show in the MRI\u2019s Divergence Index as well. Overall this has kept risk pressure higher than we\u2019d like to see:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"815\" height=\"433\" src=\"https:\/\/www.signalpointinvest.com\/wp-content\/uploads\/2022\/12\/mri-12.5.22.gif\" alt=\"\" class=\"wp-image-3443\"\/><figcaption class=\"wp-element-caption\">There are plenty of political risks around beyond the reach of the MRI\u2019s scrutiny. Those do get reflected in the MRI but only by referral. We don\u2019t attempt to quantify political risk, either domestic or global.<br>\u00a0<br>With the current conditions it is feeling more like we might be in for a range bound market for some time. Until the FED corrects for some of its mistakes relative to money supply and cost it would appear price to earnings of stocks are higher than is healthy. Even so, our various portfolio strategies have been rising slowly and have done well against broad indexes.<br>\u00a0<br>Best regards,<br>Tom Veale<br>\u00a0<br>Two of the MRI\u2019s components were unchanged this week with two rising. Relative Valuation and Divergence both are in cautionary territory while the remaining two are neutral and below median value. Overall the Market Risk Indicator comes in one point higher this week at 34. The MRI Oscillator rose to +5 showing increased upward market risk pressure.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>From Chief Investment Officer Tom Veale, Continued strain caused by rising interest rates and inflation has kept the Market Risk Indicator\u2019s \u201cRelative Valuation Index\u201d component in cautionary territory. Confusion over the next turn in markets continues to show in the MRI\u2019s Divergence Index as well. Overall this has kept risk pressure higher than we\u2019d like [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3227,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3442"}],"collection":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/comments?post=3442"}],"version-history":[{"count":1,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3442\/revisions"}],"predecessor-version":[{"id":3444,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3442\/revisions\/3444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/media\/3227"}],"wp:attachment":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/media?parent=3442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/categories?post=3442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/tags?post=3442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}