Back on the Kudlow Report at 7:00 pm this evening with Vince Farrell. We will be discussing Markets, the Fed, and Inflation.
• We are not bullish, but opportunistic — these are trades (less than 1 year holds)
• We are now 90% long, 10% cash
• Over the past few weeks, we have added, BA, VRTX, HSY, CBOE, VTI (Vanguard Total Stock Market)
• There is a 25% correction coming, but we don’t see any evidence it is imminent . . .
We are looking to add more trades opportunistically, we are now 90/10 long cash, with no shorts (which feels dangerous to me emotionally)
Videos posted here