Over the past few weeks, I have become increasingly cautious on the markets. I mentioned on Bloomberg I suspected this cyclical rally might be ending, and that we were moving from over-weight to equal-weight to eventually underweight equities. My concerns were about an Earnings slow down as well.
As is so often the case, there was some pushback: Some folks said you can’t fight the Fed, others said any dip was a buying opportunity.
Lots of traders and investors and fund managers read this blog — do tell us what your perspectives are.
What Say ye ?
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.