Markets must choose now between the easy, the tense and the uncertain. What could possibly go wrong?
Cash is king from a risk vs. reward perspective.
The only effective way to deal with a bear market is to prepare for it ahead of time.
As investors once again anticipate a near-ZIRP environment, keep an eye on defense names and gold.
There are challenges the world and the markets face; be mindful of them, but do not fear… ever.
The market is cheering for rates to be cut, but forgets they are being cut on the back of global growth collapsing, which is negative for risk assets.
Gaming the reaction to the FOMC meeting provides a good insight into how different market players try to gain an edge.
I'm inclined to add to Disney on today's weakness.
Mortgage rates have been declining of late, which should help produce a better story for the housing market in the second part of 2019.
My thesis all along has been that an attempt to normalize the yield curve must be made, therefore I would choose to be proactive.