Moments ago, the Q1 GDP growth estimate by the Atlanta Fed was revised down to 1.3% from 1.8% previously.
Do we still need active managers? Buffet is not a fan, but there may still be a role for them.
Another day and another round of disappointing economic news, but mysteriously, the stock market continues to trade higher.
S&P 500 valuation currently at 17.0x next twelve months consensus EPS
Given the disproportionate level of downside vs. upside risk in the market, the prudent portfolio management strategy at the moment is to run conservatively, swing the bat at attractive opportunities now, and position yourself to take advantage of a better risk/reward in the future. Click above to read more.