In November, our Risk Allocation Index has dropped to negative for the first time since Spring 2020 .Hence, in our risk allocation, we now underweight Risk assets for the first time here in 2021. At the same time, we overweight Cash/Hedge Assets.
In November, our Risk Allocation Index has dropped to negative for the first time since Spring 2020 .Hence, in our risk allocation, we now underweight Risk assets for the first time here in 2021. At the same time, we overweight Cash/Hedge Assets.