Don't look this gift horse in the mouth!

Any of you notice the market is up nearly 10 percent from it most recent brush with a "technical" bear market?  No worries, use this short covering, hedge-fund driven rally to unload your U.S. Equities and buy quality, short duration, non-US government bonds (Canada, Australia, Switzerland, Norway) and variable rate, high quality global corporate debt.

Just a few short days ago I was looking for another eight percent decline, now it is 18 percent from here.  Once we get to where I think the market is going, a shopping list is in order. 



XLE tops my shopping list!  MOO and IYR look like cheap too.

Internationally speaking


Wait for the sell off before you go long.
 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.