Quote:
Originally Posted by chassis
Focus on what I can control - participation in the market. Economy is doing fine and uncertainty has been reduced for the moment.
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I thought you were asking what I would do about rates. It appears you mean what am I doing with my investments?
I am actually taking certain calculated steps to de-risk. Partly due to where we are in the market cycle, partly opportunistic, partly due to my personal situation. Yesterday I took the opportunity to sell some stocks that I had been eyeing for sale already. In the previous weeks I sold some others.
I see no big short term impact from the election. But, if widespread tariffs are imposed, then companies without pricing power are going to start guiding lower. I think that could begin to happen around 1st quarter 2025 earnings season. Potentially continuing throughout the year.