“All the positive forces that propelled the equity markets earlier this year have fallen off the table. There’s been no trade deal with China, no smooth Brexit and the Fed pivot was less than it seemed. Little wonder the S&P 500 is coming off its worst stretch of the year. With signs that more trouble is brewing, here are 10 reasons to take risk off the table, and I recommend you don’t wait around.”
David Rosenberg is Chief Economist and Strategist with Gluskin Sheff in Toronto, and my favorite investment strategist. Rosie, as he is known, has turned decidedly unrosie when it comes to the financial markets. He has been bearish on the economy and markets for the past year. Perhaps now is the time to seriously consider his advice.
Read the full Financial Post article here: