A sustainable bull market?
Stocks have been shooting up for 8 weeks in a row so far, and quite a lot. I am asking myself if I am one of the few dulls that staid on the sidelines looking at the beginning of a secular bull market, missing out on bargain prices that we won’t see for decades, or [...]
Asset Allocation
Just in case you wondered… This is my current asset allocation (excluding real estate and debt) in this current troubled times:
Cash or equivalent: 90%
Equity (EM): 7%
Gold: 3%
Currency-wise:
USD: 50%
Euro: 34%
UK Pound: 16%
I am thining to add on Gold, but definitely not US equity - if anything, I would short them.
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I am back
ok, I do have to really apologize for the long silence to whoever (anybody out there?) has been following my blog, but a few things happened in my life that kept me extremely busy during the last months. Also, it’s fair to add a bit of laziness (and sleep deprivation) to the list below:
1- Two [...]
S&P starts with an 8
839.80
S&P touched 839 today, time to cash in the second pizza. Time to go long the market? I doubt… It’s better and safer to let the dust clear, even if this means potentially missing a 20% or plus upside. The situation is so dire, that you don’t really know what’s next. Also, from an economic [...]
Global Recession?
From Mish’s Global Economic Trend Analysis, a concise representation of the current situation:
Global Recession Headed Our Way
The world is heading for a global recession and a sure bet is that it will be blamed on a subprime crisis in the US. The reality is the greatest liquidity experiment in history is now crashing to earth.
The [...]