03-23-2019, 05:02 AM
This thread was a pretty good re-read over six months later. Sound views from my friends IMO. My thesis hasn't changed too much. The tariffs still concern me and if we misplay this we could harm a fragile economy. Perhaps I am delusional but I think we can manage a soft landing. I actually think that is what is going on right now. What we can't do is manage a soft landing for the global economy, and that could take us down in the end. Europe continues to struggle, and God help us if China ever sees a real recession. China growth threatens to fall below 6%. They treat it like a recession. The US would be tightening rates every quarter if we sustained much over 3% growth.
Now stand by while the algos go crazy on financial stocks due to the yield curve. On a personal port note, watching my BAC stock oscillate in a wide band these past few months on no real news seems crazy. From table pounding buy to get out while you can in the same quarter. The market has not forgotten the financial crash I guess.
Now stand by while the algos go crazy on financial stocks due to the yield curve. On a personal port note, watching my BAC stock oscillate in a wide band these past few months on no real news seems crazy. From table pounding buy to get out while you can in the same quarter. The market has not forgotten the financial crash I guess.