Don’t be fooled by ‘economic bliss’ — here are 5 moves to make right now as a bull-market hangover looms large

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Investors still appear to be clinging to the idea that the Goldilocks economy and the bull market is alive and well, with profit growth not too hot to trigger inflation, but not too cold to cause a recession.“Does that really make any sense?” he wrote in his Real Investment Report over the weekend. “Particularly as we are looking at the longest expansion cycle in the history of the U.S.

With that in mind, Roberts, in our call of the day, offered up five moves to make now that you’ll appreciate later, when things turn dicey. And ride-sharing app Lyft LYFT, +0.00% confirmed it’s looking to raise up to $2.09 billion in an IPO, with announcing plans to offer 30.77 million shares to the public at a price of $62 to $68 a share.

New Zealand Prime Minister Jacinta Ardern’s promise of tightened gun laws in the wake of the Christchurch mosque shootings has been widely welcomed by a stunned population. She has said options include a ban on private ownership of semi-automatic rifles and a government-funded buyback of newly outlawed guns.

This is what happens when you attack a government official in Australia with an egg and try to video his reaction.

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The 5 portfolio moves to make right now as a bull market hangover looms largeInvestors still appear to be clinging to the idea the Goldilocks economy and the bull market is alive and well, with profit growth not too hot to trigger... FUD
Source: MarketWatch - 🏆 3. / 97 Read more »