Red...Yellow...Blue...Green
A simple color code for saying how hot (increasing growth and inflation) or cold (decreasing growth and inflation) the global economy is running.
Red = Hot, and Green = Cold.
The asset of choice for each temperature range is:
Red = TBF, Yellow = HYEM, Blue = TLT, and Green = SJB.
October/November = TBF
November/December = JNK
End of December - present = TLT
The next asset, if order the is followed would be SJB, which would be associated with a recession/depression.