* Alert * : 27 May 2020

Jerry May 27, 2020

2 Comments

New Allocations: 25% C Fund, 25% S Fund, 25% I Fund, 25% F Fund

Last night the European Union (EU) jumped into bed with the Federal Reserve Bank (FED), along with Japan, adding to its stimulus package. The FED has been pumping COVID stimulus money into the economy since late March, about $2.3 Trillion so far. Last night the EU kicked in 750 Bn Euros and Japan added another 117 Tn Yen.

With a US, EU and Japan backstop, it’s likely that we see this rally continue until wave 2 of COVID. The new commitment from EU and Japan has made the I fund pop! See the chart below…

Bottom Line: “Don’t Fight The FED” is an old adage. When central banks around the world are fully committed, you definitely don’t want to be on the wrong side of the trade…. As always, the charts dictate!

Jerry

Categories: Alert Analysis

Responses

David D May 27, 2020

Since it was mentioned on video call that most members are at or near retirement, I wanted to say that while I am retired my son (20 YOA Marine) just EOD into BP and its great that I can pass on this information to him as well. Thanks guys.

Reply
1. Jerry May 27, 2020
  
  Thanks David. We appreciate the support!
  
  Reply

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