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The first full week of 2026 featured another upgrade to our Cyclical work—the second in 
the last month. This bump was not enough to move the overall Major Trend Index out of 
High Neutral, however. Net equity exposure in Leuthold tactical accounts continues to rise 
with the market and now stands at 57%.

 

Click here to read Leuthold's whitepaper.

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Beyond Allocation: What Advisors Should Consider When Evaluating Smid-Cap Exposure

Market opportunities alone rarely determine outcomes. Implementation matters.

Major Trend Index 7/7/2026

Leuthold's Major Trend Index held Neutral for the week ending July 2, as upgrade...

Why Looking Beyond Broad Sector Exposure Matters

A practical perspective on diversification and portfolio positioning.

2Q26 Quarterly Market Review

The second quarter of 2026 marked a sharp reversal from the first quarter's decl...