It’s a real nice rally. I’m proud of all you heading into the burning house for the sake of capitalism. Personally, I’d like to see the entire house burn down.
But this isn’t about my feelings, and certainly not yours.
As an asset class, in spite of today’s tremendous rally, both gold and bonds outperformed stocks for the second straight week. Ergo, and this goes without saying, the correct call here is to buy more.
If stocks continue higher next week, I will correct my allocation. But for now, and this isn’t up for debate, risk off assets are the better performing asset classes.If you enjoy the content at iBankCoin, please follow us on Twitter