- Looking around in the world economy, there is trouble. The eurocrisis is far from solved, China is decelerating sharply and many emerging markets are in, or approaching crisis.
- The US is the one major area where growth is relatively good, but its at the start of the interest rate cycle which will make the problems elsewhere considerably worse.
- Markets are expensive and supported by ever fewer stocks, the ones that have escaped the trouble in the world economy, but many of these are priced to perfection.
- We think it’s best to take some money off the table.
Trouble Is Brewing In The Markets | Seeking Alpha
January 4th, 2016 · No Comments
Tags: The Markets