My July RAGE Gauge is in, and four letters come to mind: G-N-M-A. As in Vanguard GNMA. If you don’t have some already, then what are you waiting for? The calm in the markets is unsettling. My RAGE Gauge tells me investors aren’t paying attention. They are getting complacent, with nearly all my favorite indicators showing investors without fear. Don’t fall into the complacency trap. Be vigilant with your investments, now more than ever.
Here’s an indicator that things aren’t as calm as they may seem on the surface.