Despite the recent run-up, we’re still in a bear market rally cautions financial advisor Lance Roberts.
Until and unless the technical indicators suggest otherwise, investor bias should be to expect a reversal at some point.
This is why Lance is trimming his stock positions now.
He’s also starting to add long-dated US Treasurys again — a non-intuitive move to many in a rising interest rate environment, but it’s important to understand his rationale for doing so.
To hear it, as wellas our thoughts on the real estate market & the importance of position sizing within a portfolio, watch this weekend’s Weekly Market Recap.