Reasons For Cautious Optimism

  • Many shares are already down 40%-50% off their (arguably lofty) highs in short order.
  • We see reasons for Fed moderation, a possibility for a trade truce between the US and China and the imminent Italian budget crisis has waned.
  • However, if markets keep selling the negative sentiment, it’s likely to infest the real economy.

Source: Reasons For Cautious Optimism | Seeking Alpha