Wednesday, July 15, 2020

Economy is going to be years before anywhere near where it was in Oct, Nov Dec of 2019


The economy is far from being in a strong position at this point. My money is in Bond Funds and ETF's that pay me a dividend. Am I bullish on Stocks ? No.

Lets congratulate the Fed. They've done the right thing. I'm comfortable owning Debt, Securities, high yielding debt, hedging it at times in the stock market. I wont be short. I don't want to fight the Fed. Do I wish to be long ? No.

I hope we go to new highs, but I have serious doubts whether that would happen in the next year or two.


via FoxBusiness interview with Stu