A daily, rule-based Emerging Markets strategy that flips between bullish and bearish positions (with some cash/T‑Bills) using trend, inflation, and momentum checks. It uses 3× funds in good backdrops and dials down to ~1× when conditions worsen.

This strategy makes directional bets on Emerging Markets (EM) stocks and sometimes parks money in T‑Bills. 1) Check if the US market (SPY) is in an uptrend. If yes, it allows bigger, 3× bets; if not, it dials exposure down to ~1×. 2) Check inflation expectations (RINF). If they’re rising, it uses a richer set of checks; if not, it simplifies. 3) If EM looks extremely hot (big recent run-up), it short-sells EM using an inverse fund and holds some T‑Bills. If EM looks washed out, it buys EM (again with some T‑Bills). 4) If EM isn’t extreme, it compares recent strength in bonds versus stocks. Based on that, it either goes long EM or short EM, with a small cash/T‑Bill buffer. 5) When the US trend is weak, it replaces the 3× funds with lower‑gear versions (regular EM or a ~‑1× inverse).

EM timing strategy with macro filters and cash ballast. Out-of-sample Sharpe 0.52 and negative SPY beta (-1.21) offer diversification and potential alpha, plus risk control via Treasuries. Adds EM-cycle exposure and resilience beyond SPY alone.