Well the market is still selling off on Nov 9th ... I don’t think we’d get any bottoming unless meeting with Xi goes well
let's invest couple of m dollars then
I’d look at the ole investor confidence meter before going balls deep. Economies are like life in that they’re won or lost by confidence.
Agree with UBS but their $GE call is wrong IMO.
Undervalued based on what, artificially inflated EPS figures due to financial engineering? I actually had an institutional money manager say to me yesterday, 'I have absolutely no doubt the market is going higher. Stocks are cheap.' Funny, stocks were 'cheaper' in 2008... 🤦♂️
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But when an entire year was spent overvalued, how much value is there really?
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