03 August 2010 at 15:18 GMT
Saxo Bank's Asset Allocation Model is maintaining an “Outright Bullish” stance, although the Global Business Cycle Indicator continues to weaken in July. The model still recommends an overall big position in equities and an even larger exposure to commodities.
Return for July was 5.08% in USD terms and -0.08% in EUR terms.
Read the full report here.