Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the… Read More
Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the relentless climb of the market without so much as a hiccup. The S&P 500 went 400-some trading days since its last decline of 5% or more — the longest such period in 20 years. And the market’s 4.1% plunge on Monday, February 5, was the biggest one-day drop since 2011. —Sponsored Link— Forget Social Security! Thousands of U.S. taxpayers are lining up for the chance to grab huge four- and five-digit checks starting March 1. Massive payouts from a new private program that make the average Social Security check look like mincemeat. Read More