ETF Model Portfolio doing just fine!

Stagflation to Deflation most probable, both mean risk off!

On days like yesterday, we can see that a stagflation regime (ROC Inflation up, ROC GDP down) is a risk off regime and why we need a long short portfolio, a long only portfolio is not going to cut it in this environment!

Regime:

The fed wants inflation down but there is almost no way that it gets its goldilocks (ROC GDP up, Inflation down) without a hefty…