A falling Composite Leading Indicator (CLI) and falling Inflation-Momentum (ITS) signal a demand-driven recession, during which defensive assets like government bonds typically perform best.

Authors

• Person: Ivan Vratzov Organization: FactSet
  Mapping Asset Returns to Economic Regimes: A Practical Investor's ...

Sources

• Mapping Asset Returns to Economic Regimes: A Practical Investor's ... insight.factset.com Ivan Vratzov · FactSet via serper

Referenced by nodes (2)

• government bonds concept
• Composite Leading Indicator concept