High Risk time for Investors
The Market has set investors up for a high risk investment period. This weeks rally on the S&P to nominally take out two significant bounce highs of 2075.07 of April 1, 2016, and 2081.56 of December 29, 2015, sets the trigger. In an environment where Central Bankers are not only afraid to raise rates because of weak growth, (US GDP is forecast at zero for the first quarter) but have seen fit to lower rates in Singapore last night, what is the stock market doing up here? Next week will be where this starts to play out. There are only two markets that we follow where the Macro’s are positive, the Dollar and T-Bonds.