Pries Capital employs the Elements of Market Risk as a compass to navigate dynamic markets. By assessing how asset classes respond to shifting conditions, we craft balanced portfolios. These elements gauge price behavior influenced by global macroeconomic trends, reflecting changes in investor risk tolerance. When risk perception varies, so do investor preferences for high or low-risk assets. Our intramarket analysis serves as an early warning system for macroeconomic shifts. While crucial, it complements other factors in comprehensive investment evaluations, offering valuable insights into today's market landscape.