Until today I had no investments in equities. But I just now set up a purchase into a large-cap value fund in anticipation from a rebound from today’s bigly drop. But I won’t leave it there long.
I don’t think it’s safe to be in equities yet, if ever again.
We are about to experience a massive correction to rival all other recessions.
Do you remember the old Smith Barney commercial?
“People buy stocks with the expectation they will go up. Unfortunately they are buying them from sellers who expect them to go down.”