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    Are You Ready To Ride The Global Wave?

    Fri, 04/27/2012 - 09:21 EDT - Seeking Alpha
    • DIA
    • Frank Holmes
    • SPY

    By Frank Holmes:The economy seems like it's been in choppy waters lately. A rise in manufacturing is negated by a weak jobs number. The U.S. housing market's signs of life are impeded by high gas prices. The eurozone appears to be improving, then a sovereign debt rogue wave surfaces in Spain. How can investors make sense of these mixed signals? Analysts at Bank of America-Merrill Lynch created the Global Wave, a compilation of seven global indicators designed to provide a comprehensive assessment of trends in global economic activity. The compiled data allows investors to predict equity market performance and equity rotation.

    (Click to enlarge)
    Last week, the Global Wave was signaling a trough in the global cycle, which prompted BofA-ML to suggest "investors position for an economic upturn" by increasing their exposure to equities. According to BofA-ML's research, the MSCI ACWI (All Country World Index) averages a 14.2 percent increase for theComplete Story »

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