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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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Major Trend Index 2/02/2026

The Major Trend Index closed out the month of January at High Neutral. Last week...

Economic and Market Environment First Quarter 2026

The U.S. economy continues to show resilience, supported by easing monetary poli...

Major Trend Index 1/27/2025

The Major Trend Index stayed at High Neutral for the week ending January 23rd. T...

The Economy vs. Itself

In this piece, we will explore why today’s mixed economic and market signals fee...