In the interests of full disclosure and of keeping you abreast of my personal investment actions, I entered a short position on Friday for the first time since 2009. Yes, it’s been seven years.
The equity markets have been all but bulletproof for 6 years, but I think that phase has ended and we’re in for a rough ride from here on out. At least until stocks fall far enough for the central banks to have another go at attempting to print up prosperity.
First, I think that the stock rally of late is overdone and there’s more downside to come. I have a whole host of supporting reasons based on credit markets and global trade, but we’ll get…
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