Panic is over. With market moving higher complacency is setting.
Substantial Downside Risk
January proved to be a welcome turn in fortune for markets. Risk assets have rebounded strongly, rally has been broad-based across not only equities and credit, but also commodities and rates, DB says. All of 38 assets in DB’s sample finished w/ a positive total return.
Gold/Silver Ratio Source: Goehring & Rozencwajg
