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Is The Market Setting A Bull Trap? | Lance Roberts
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The current stock market rally looks long in the tooth, warns portfolio manager Lance Roberts.
In his opinion, this looks likely to be a good time to lighten on positions, capture gains and prepare for a possible resumption to the downside.
Stocks are exhibiting a classic correction trajectory, which historically has been punctuated with pronounced sharp rebounds like we've seen over the recent two weeks.
Investors are starting to catch FOMO and aggressively jump back in. This may be the *exact* wrong time to do so.
Lance and I discuss his argument for why, as well as the latest trade developments and Federal Reserve guidance from this week.
For everything that mattered to markets this week, watch this video.
#tariffs #marketcorrection #federalreserve
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