One of the greatest investors of all time – Warren Buffet – is famous for this 1986 saying:
“Be greedy when others are fearful; and be fearful when they are greedy”.
Now could be the time!! Fear is at its highest in a long time.
Here’s what I think is ahead for 2020 and equity markets. In short, expect a solid year with a correction in the first half.
The 19-month weekly bullish trend for the US dollar index continues – however we’re seeing near-term weakness. Could the dollar be headed lower in 2020? If so – what’s this mean for investors?
Despite the wobbly start to December – overall the economy (and stocks) remain in very good shape.
And if we are to see some (expected) profit taking – that represents another buying opportunity.
The VIX has been trading at very low levels the past few months. Typically this is a sign of high complacency from traders. The question is how long will that last?
