Currently, I wrestling with whether the volatility and lack of market conviction is more like the 2008 market or the 2012 market. Early 2008 preceded the Great Recession in late 08 to 09 and 2012 preceded the Great Melt Up of 13.
Right now, I am leaning towards 2012. However, in 2008 I also was expecting a recovery in the market, which didn't happen.
So right now, I am expecting a melt up, but won't be too surprised if there is a major downturn either.
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
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