Monday, March 26, 2018

Now is the Time...

Now is the time to buy stocks.

When all 30 of the Dow decline at once, it is time to buy. That happened on the 22nd and we have had several instances of nearly all thirty going down last week.

The yield curve is steeper than before an the VIX has come down. Quality spreads have yet to narrow, but at least they have stopped widening.

Investors are beginning to realize that increasing tariffs is not a problem in an expanding global economy. The Smoot Holly Act in 1930 raised tariffs during  a global recession. That is not the case now.

1 comment:

Joao Rei said...

Glad that you are back to the blog.

Today, 6 April, another day when all 30 DJ stocks are negative.

Best Regards