Today's Post - https://bahnsen.co/4afqiVW
As I finish up this writing Friday morning the Dow is tracking for its eight consecutive day in positive territory (I have little doubt that my mere typing of that sentence likely jinxed it). The market reversal from April into May can be credited to a combination of:
Renewed acknowledgment that regardless of when the Fed begins cutting rates they have made it reasonably clear they are done hiking rates, and
Marginally improved financial markets liquidity in the present tense and with a vision to the future around the tapering of quantitative tightening, and
A good fundamental backdrop for corporate profits with another earnings season in the books reflective of enduring margins, reasonable forward guidance, and revenue growth in line with expectations
It is a bad time to be a market timer. But I don’t think anyone can even time when it is a good time to be a market timer, so maybe I am just repeating myself over and over. Anyways, we know what time it is at The Bahnsen Group …
… and it is time to jump into the Dividend Cafe.
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com