In our January video, we indicated “this is certainly not the time to be overconfident,” that “markets are overdue for a 10% correction,” and to “use the recent run-up in stocks as an opportunity to rebalance portfolios.”
Our guidance was not about the coronavirus — we simply believed stocks were overextended in the short-term and investors were likely to find an excuse to take profits. The excuse turned out to be COVID-19. So, what can investors expect in the coming months? Is the COVID-19 sell-off an event-driven bear market or a structural bear market? Watch our latest video to find out.
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Charles Dickens famously wrote, “It was the best of times, […]