Sector
Current Rating
Vanguard FTSE Dev Mkts
Vanguard FTSE Emerging Mkts
SPDR S&P 500 ETF
SPDR Barclays High Yld Bond
Vanguard Total Intl Bond
Vanguard Intermediate Bond
Vanguard Short-Term TIPs
SPDR Gold Trust
Vanguard Global ex-US REIT
LEGEND
– Overweight
– Neutral
– Underweight
– Rating Change This Period
This month Developed market remained overweight as the Euro is forecasted to continue to strenthen against the dollar. Interestingly, Gold went to underweight, seeming to strengthen the weaker dollar scenario. Perhaps related to the possible risk of a repeat of a debt ceiling debacle as in 2014. International REITsremain stubbornly underweight, thou
Vanguard Global ex-US REIT remained underweight, though August continued its 5th month streak of incorrect under-performance prediction. This model may have to be looked at more closely to see if some of the indicators are broken.