Type something and hit enter

ads here
On
advertise here

Interesting take from Bill Ehrman @ Prosperite Fund

http://ift.tt/2ijJF7r

key takeaways

  • The U.S. has again become the beacon for positive change and will be the engine for global growth.

  • .....we expect that the market multiple has peaked for the cycle as interest rates rise. Second, we expect that earnings estimates for the S & P, and especially the reflation beneficiaries, will be revised significantly upward giving upside for the market as a whole.

  • Investors still remain caught having significantly over-weighted bonds in their portfolios while under-weighting stocks. Digging deeper, bond investors have lengthened their maturities over the years as the short end earned virtually nothing while stock investors over-weighted defensive and yield stocks. That is a losing hand on all counts in a reflationary environment.

  • ....stay long the dollar and consider owning industrial commodities.

As always read, take notes and make your own decisions.



Submitted January 06, 2017 at 10:46AM by freecashflows http://ift.tt/2jjnIcx

Click to comment