Hi all! I think it is a no brainer. Most likely the market will name Fed and no rate cut in near future as the main reason for the upcoming correction due to sticky inflation. If you take a closer look at the global markets, you will notice that oil is down , gold and copper is down and even crypto is down. That is a very strong indicator that equities market is heading for a core correction.
The only investment asset that is going up in general is yield bonds. Cash is king for the near future. You will have to take a closer look at your portfolio and make adjustments accordingly. May the market be with you!
Modify on 2024-05-01 19:32
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