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Right now, GILD holds a strictly defensive spot among my holdings.
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.
I'm not willing to stick my neck out right now and take an equity stake.
The Fed must find a way to create a payroll tax holiday, despite grumbling, and backstops must be in place to support small to medium businesses and the gig economy.
Markets appear stable. Do we trust it? Can we trust it? Of course not.
Perhaps investors would be wise to invoke the Jim Cramer 'three day rule' where energy is concerned.
The question begs... 'Do significantly lower oil prices provoke increased demand?' Anywhere?
To label COST my favorite retailer is to put it mildly.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.