Yesterday we reviewed the outlook for stocks based on a momentum profile from the vantage of the major asset classes, according to a set of proxy ETFs. Today’s focus turns to bonds around the world, using prices as of Dec. 27. Once again, the analytical lens is a two-part toolkit: 50- and 200-day moving averages, supplemented with a trailing one-year return (252 trading days). The goal: develop some intuition about the near-term outlook for various slices of the global markets. Since the agenda is analyzing price trends, we’ll strip out distributions and look at price-only data, using charting resources via StockCharts.com.
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