I had thought there might be a buying opportunity in the next couple months but now I’m not as sure. The expectation of a Trump economy might just pull through the shock of ending QE.
I’m thinking a dead cat bounce - once the QE ends there will be a lull between that and when the Trump changes take effect. I expect late winter/early spring to see a significant drop which, of course, the press will blame on Trump taking office.
So I’m holding off just a bit longer before buying in.
My big challenge is I’m thinking of buying a business and wondering if I delay that or go ahead and try to make a play now. Course first I have to finish convincing the wife.