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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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Breaking the Core Equity Barbell

Breaking the Core Equity Barbell Richard Yasenchak, CFA, CFP®, Senior Managing D...

Major Trend Index 1/05/2026

The Major Trend Index ended the week of January 2nd at High Neutral. We’re now s...

Major Trend Index 12/15/2025

The Major Trend Index continued on at a High Neutral stance for the week ended D...

Major Trend Index 12/2/2025

The Major Trend Index flipped back to High Neutral for the week ended November 2...