February is shaping up to be a lot less friendly than January, as the cheer that drove last month’s global equity rally -- the biggest in more than seven years -- dissipates under a cloud of negative developments. You can read more about these threats in the link below.
https://www.bloomberg.com//news/articles/2019-02-08/all-of-a-sudden-new-year-rally-is-looking-tenuous-taking-stock?srnd=markets-vpThis is a much different perspective than what I posted yesterday with J P Morgan's outlook of "Boost Your Risk Positions and Unwind Your Hedges." I have linked it below for those that might have missed it.
https://www.bloomberg.com/news/articles/2019-02-07/jpmorgan-says-boost-your-risk-postions-and-unwind-those-hedgesFolks, it is the many different perspectives that make the markets. While some are fearful there are others that are not.
For me, I'm thinking, in the near term, there is more downside risk than upside gain. I am now glad I recently reconfigured my portfolio to it's new asset allocation of 20% cash, 40% income and 40% equity which I call my all weather asset allocation. Within my all equity sleeves I hold about half in good dividend paying stock mutual funds with the other half having a growth orientation.
