The flaky case for buying the dip
https://www.ft.com/content/9d037d36-f697-4ca2-b0be-c793ccb0a3dd
Katie Martin notes:
Record-breaking gold prices, a soaring Swiss franc and a massive jump in German government bonds are all a clear sign that professional investors are deeply spooked, and anticipating the next wave of pain. If the retail dip buyers are right again, this will have been a heroic call on their part, but the odds are heavily stacked against them. My hunch is that the beatings will continue until morale improves.
https://www.ft.com/content/9d037d36-f697-4ca2-b0be-c793ccb0a3dd
Katie Martin notes:
Record-breaking gold prices, a soaring Swiss franc and a massive jump in German government bonds are all a clear sign that professional investors are deeply spooked, and anticipating the next wave of pain. If the retail dip buyers are right again, this will have been a heroic call on their part, but the odds are heavily stacked against them. My hunch is that the beatings will continue until morale improves.
The era of American stock market exceptionalism is over
https://www.telegraph.co.uk/money/investing/american-exceptionalism-over/
Pinpricks on an over-inflated bubble could finally cause it to burst.
https://www.telegraph.co.uk/money/investing/american-exceptionalism-over/
Pinpricks on an over-inflated bubble could finally cause it to burst.