A risk‑parity, Fed‑friendly playbook: lean into stocks/financials when trends are healthy; when trouble shows, rotate into cash, gold, commodities, USD, volatility hedges, and KMLM managed futures to defend in rising‑rate stress.

It checks if stocks and long‑term Treasuries look calm and trending up. If yes, it holds a balanced mix of (mostly) large‑cap, tech, financials, and Treasuries—sized so wilder assets get smaller weights. If markets overheat or wobble, it quickly shifts into defense: T‑Bills, gold, commodities, the U.S. dollar, volatility hedges, and managed futures (KMLM). It rechecks daily and adjusts.

Not a core return engine: out-of-sample results show underperformance vs the S&P. Used as a defensive hedge in rising-rate, volatile markets, it offers diversification and downside protection to complement a core equity sleeve.