We email the status of our WealthProtect System* monthly and give the probability (Low, Mid, High) of a change in status within the next two months. We also include a commentary on actions taken this month.
Equities began 2014 with a slump, led by a sell-off in emerging market currencies and stocks. In our WealthProtect System this month emerging markets and natural resources triggered out. With commodities and REITS already out, this makes four major equity classes that have triggered out. While the greater likelihood is this is a normal correction after a long period of low volatility, we remain aware that according to many classic measures the market is considered overvalued.