While not a fan of hedge funds, I have to agree with a lot of what Ray Dalio believes. There are small pockets of opportunity, but it is a way different landscape versus 2010 -2015 when the "sales" were much more abundant.
I'm barely adding anything into investments. The very few I buy are at significant discounts, but have some unrecognized strengths. It is a good time to bolster downside protection (think boring!). Time to hunker down, should a storm blow in.
Can the markets go higher? Sure they can, but we are clearly at a relative high point in the equity markets,
It is like a frat party in full swing. Everyone has been partying for a while now and shots of Tequila are being lined up on the bar. No way, no how. I would rather not have a hangover tomorrow.
Hey, when the musical chair music stops, I want my butt already in a chair! This isn't the time and place to be the super hero.
