The recent sharp rally in stocks was one for the record books:
But until the technical data proves otherwise, financial advisor Lance Roberts regards this as a bear market rally, more likely to reverse soon given current overbought levels.
Which is why he’s now taking profits and lightening up on stocks. And adding to his US Treasury bond position.
In this new Weekly Market Recap, Lance and I discuss the ramifications of the recent inversion of the widely-monitored 2s10s yield curve.
We also address a major pain point we’re hearing frequently from investors:
How do I go about prudently re-entering the market if my portfolio is now heavily in cash?
To catch up on all that happened this week and prepare for what’s ahead, watch this new Weekly Market Recap with Lance Roberts.