Posted on 05/30/2013 1:22:58 PM PDT by Night Hides Not
Global stocks may have been on a wild ride of late, but the world's biggest investment bank has told investors they should see rising U.S. Treasury yields as positive and should continue to buy equities.
(Excerpt) Read more at cnbc.com ...
With alumni like Jon Corzine and Robert Rubin, how can they be trusted?
Their trading desk must be getting ready to short the market.
If Goldman is telling you to buy, look for companies that are about to get killed and short them.
Translation: bag holders needed
QE = Quit Early.
Just to share a bit of wisdom without reading the article (because I usually find them useless): Regardless of what Goldman or others may say, I was privy to a cycle phenomenon in the S&P 500 index (SPX) which has correctly called the direction of the index since the 70s (as far as I can verify).
To put it simply, according to the cyles, SPX will begin a new phase (turn) in April, 2015. This means the index will continue in its current direction (up) until 4/2015, meaning every dip is a buying opportunity. Those who leave stocks all together now may miss out on some serious stock gains.
Right now, my mix is 45% stocks (mostly S&P 500 index), 45% bonds, and 10% cash. I haven't varied the mix much in the past few years. I might lessen the stock amounts when Ben lands his helicopter.
My employer has a generous 401k match, so I can stay conservative.
I saw a commentary recently which adds weight to what I posted in #6. I think you might be interested so here it is:
http://www.wallstreetdaily.com/2013/12/09/positive-bull-market-charts/
The bond market is a different story, though. I am no investment expert, but I would not want to hold too many bonds now.
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