Maybe Yes ... Maybe Not.
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Maybe Yes ... Maybe Not.
Dear investor.
This is disgusting, all the stupidity with the debt ceiling surpasses our wildest fictional notion of politics.
Five-year-olds would behave with higher standards and get the job done.
The problem is that every day that passes, the potential for panic selling increases substantially.
Back in 2008 a similar game of chicken slammed the stock down roughly 7% in one day, there´s no economic sense in Washington.
Following along the same lines of irrational behavior here comes the Fed band leaders; Fed members from coast to coast are all active making statements, acting tough, claiming the possibilities of even higher rate hikes...Folk´s this group lives on Mar´s, so far from reality that it should concern all of us. Children with high-profile positions.
While the debt game unfolds and we patiently wait for the June Fed decisión, use the news, buy the dips in price, investors with a long term horizon must capitalize on short-term volatility.
Keep in mind how delicate this market environment actually is, stay informed, any surprise, Black Swan event, banking or otherwise, is jet fuel for the fire.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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