When will it end, and is this a good time to buy?

My reply to an emailed question this morning states our current view in a nutshell. 



My friend inquired as to when I thought this downdraft would end, and if this is a good time to buy.


Here’s my reply:

I’m sure you noticed that the Dow was up nearly 300 points this morning… that was until news hit that Trump wants to slap more tariffs on China if he’s not happy with talks coming late November. Imagine what happens when we end this trade war nonsense! 

Our positioning right now is consistent with what we’re seeing in the economic data. Which, in a nutshell, remains strong. Typically bear markets come with recessions, while corrections are normal during expansions. Right now, the data dictates that we view this as a correction in an ongoing bull market. Now, if/when the data begins telling a different story, we’ll be assuming a defensive posture. History suggests that we’ll likely see better opportunities (higher prices) to get defensive into than we see presently. 

At the moment we’re not rushing in, but we’re certainly not heading for the exits either…

Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat