March Model Signals
After trending towards Large Cap for several months, Northlake’s Market Cap model triggered a Large Cap signal for March. None of the underlying economic, interest rate, or technical factors individually moved to a large cap signal. Rather, the internal measures used for each factor collectively drifted far enough toward large cap that the trigger was met. The Style model continued its movement toward growth from value but the model remains firmly in value territory. As a result of the new March signals, Northlake initiated a trade for client accounts