The "Mannarino" Index

The Mannarino Market Risk indicator was created by Gregory Mannarino in September 2021. 

Whenever this indicator is high, stocks don't perform well. 

Whenever this indicator is low, stocks shoot up.

Lions, as you know- we are going to utilize a new way to gauge market risk, The Mannarino Market Risk Indicator. We are using a scale from 50 to 400 to gauge risk. We derive a “risk number” using this equation- we multiply the DXY by the 10yr Yield and get X. Then we divide X by 1.61

At the time of this writing the Mannarino Market Risk Indicator stands at around 86.

Here is a general scale of how to gauge risk.

A reading from 50-100 = LOW RISK

A reading from 100-200 = MODERATE RISK

A reading above 200 = HIGH RISK

A reading above 300 = EXTREME RISK.

Keep in mind that we need to take in the current environment as a whole, but again in general, the lower the MMRI, (Mannarino Market Risk Indicator), the more risk in we should be taking on in equities. The higher the MMRI the less risk we take.

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GM

Jim Rickards Reset Gold to $10000/ounce

Gregory Mannarino is talking about the gold reset to $US10000/ounce. What he's referring to is Jim Rickards revaluation of the U.S. dollar gold price.

Summary:
- Governments collectively buy gold and devalue the currency
- GDP will go up as money flows through the economy
- Stocks will go up
- Debt will stay the same
- Debt to GDP will go down
- Money velocity will go up and push up bond yields
- Cash and bonds will be worthless in inflationary environment
- Debtors, stocks and gold will win in inflationary environment

The reset is happening already. Evidence can be found in the gold price in SDR's, which is a basket of currencies representing the current situation globally.

As you can see, the gold price is now moving up in 2019 against all the currencies in the world (represented by the SDR).