Bingo.Folks should have their plan, and stick to it.
Simple as that.
There is no need to chase anything...ever.
The Fed clearly signaled that they were seeing slowing in several metrics and various areas in the economy. One of the reasons they are on hold and think they will probably ease next year.Things are just chugging along...and whee a little dip in the day.
So maybe not as "soft" a landing as we anticipated?
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I noticed SmallCaps took a little beating...but they had a very nice last month and can afford some profit taking.
Is the chase on for the perfect "mix" of Small/Mid/Large now?
The Fed clearly signaled that they were seeing slowing in several metrics and various areas in the economy. One of the reasons they are on hold and think they will probably ease next year.
The markets ignored this outlook, too busy partying which is typical for this time of year.
Folks should have their plan, and stick to it.
Simple as that.
There is no need to chase anything...ever.