It was another rough and tumultuous week for both the markets and the ETF models. While we were positioned with short and alternative exposure, unfortunately TMF did not act a good hedge, selling off with the market (see the last series on correlation to learn more about this effect). We also missed some of the rebound of the broader market due to our high cash and short exposure. The models remain in predominantly cash with
This content is for Premium subscribers only. Please register or click here to login.
