posted by mark
on Tue, 02/20/2018 - 13:49
So where is the steak!?
The market has been sizzling for 8 months now, but the economy is still creeping along.
Quite honestly from a personal view, I would rather have a slower growing economy with less boom and bust spikes. It makes for better overall economic environment.
From an investment view, the excesses from the hyper booms and busts create many more opportunities for overbought and oversold conditions.
Today, we are seeing more volatility. I think we are in for more "stormy" weather until August rolls in and people go on vacation.
Do you have a "margin of safety" in your portfolio to weather the storm? It is an important question at this market juncture!
