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March 9 2019

Recession unlikely but markets go with the slow (The Aust 09/03/19)

Hamilton Wealth News

Having called a bounce in equity markets late last year on the back of low expectations, I felt there had been an awful lot of bad news already priced in. Yet during the fourth quarter of 2018 many were talking of a US recession in 2019.

Looking ahead, I expect to commence fading (selling into strength) the rallies or reducing risk-based exposure in the middle of the year, in expectation that markets will become more difficult. Why?

 

 

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