The past two years have been an ideal period to test the risk-management techniques of tactical portfolio strategies, courtesy of high volatility and sudden shifts in global market trends. But as many investors have discovered, translating what looks promising on paper into real-world results is as challenging as ever.
Continue reading →

Trump’s State of the Union speech was wide-ranging: Politico
In speech to Congress, Trump vows to build border wall: Reuters
Trump will meet N. Korea’s Kim later this month in Vietnam: ABC
German factory orders fell again in Dec, fanning recession fear: Bloomberg
It’s a bull market for purchases of gold by central banks: NY Times
US ISM Non-Mfg Index: softer but still moderate growth prevailed in Jan: BB
“Solid output expansion” in Jan for US private sector via Composite PMI: IHS Markit
Eurozone PMI: growth weakened for 5th straight month in Jan: IHS Markit
PMI survey: Global growth continued to slow January: IHS Markit