I will be on the road for the next couple of days, so the blog will be taking a brief nap. No worries because I’m not fleeing the markets. Just stepping away for a short while and will return soon, refreshed and ready to dive back in.
I will be meeting with some investors and partners, with plenty to catch up on. Yeah! It is going to be a busy but productive stretch.
On another note, as always, I prefer to focus on the positives amid the rumblings of recession risk under the surface. Based on the sentiment indicators I monitor all the time, mood is improving from recent extremes in pessimism. It is clear that sentiment has been turning a corner compared to just a couple of weeks ago.
Of course, ups and downs are part of the investing cycle. Short-term pain is sometimes unavoidable, especially for strategies that require patience and discipline. It is during these periods that perspective matters most. Staying grounded and focused on the long-term objective is key.
Predicting short-term market action is a tricky business. Say you call for a “5% pullback,” only to watch the market rally 10% first and then finally drop 5%. It is like waiting for a sale that never quite happens.
See you next week and ready to share more.