By StopAlerts:We are once again on the knife edge. With the debt crisis in Europe and the fiscal cliff in the US, we could muddle through (most likely), but the combination of effects could create another bear market. As a result, we think it is a good idea to visit the question of tactical allocation versus buy-and-hold (no matter what) -- and specifically the popular claim that tactical allocation misses the top X days with calamitous impact on total return.US corporations are in good shape, US banks are better capitalized than in 2007, and charts are still trending up (the action last week took us back out of correction territory for the moment). BUT the potential break-up of the EuroZone is a gigantic uncertainty factor for markets, the fiscal cliff could create recession in the US, and China is slowing -- andComplete Story »
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