Read the entire View from the EDGE here.

With the Fed’s unprecedented monetary intervention in response to the pandemic, equity markets in April enjoyed one of their best months in decades. Our model research indicates a mixed outlook for both U.S. and Emerging Market equities while German equities are no longer attractive after their recent sharp rise. In fixed income, the model continues to favor a blend of intermediate-term and shorter-term U.S. Treasuries. Gold has an even more favorable outlook while Commodities remain mixed in the short-term as forecasts for global growth remain uncertain.