Mid-Year Sell Off, Expected Again?
Folks look for patterns and cycles in the market, and the simple ones are best. This looks pretty simple.
With statements from the US FED saying the want to return to normal monetary policy. IS THE FED SAYING SELL.
"if central banks do not limit their interventionist strategies and focus on returning to more normal policymaking aimed at promoting price stability and long-term growth, then they will simply encourage the financial markets to ignore fundamentals and to focus instead on the next actions of the central bank."
Watch out for a mid year slump. Looks simple, and likely!
And a reminder to our Aussie friends (as Iron Ore prices fall)...
"Without specific, clear, and tested rules, speculators do not have any real chance of success"
~ Jesse Livermore
"Money can't buy you happiness but it does bring you a more pleasant form of misery"
~ Spike Milligan
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