Recent Market Commentary
This week, we find investors debating whether a credit contraction has just begun in the U.S. economy, or if we're just now seeing the end of one. 3EDGE’s Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro discuss:
• What is a credit contraction?
• How and when does it occur during an economic cycle?
• What is the potential impact of a credit contraction on the economy and the financial markets?
Fritz Folts, chief investment strategist at 3EDGE Asset Management, says he is doubtful that the market's current rally can go on for too much longer, and when he sees profit levels decline it will be time to lighten up on equities and buckle up for a recession and downturn. In The Big Interview, he says the firm is diversifying and nimble, with real assets, TIPs and other fixed-income securities providing ballast to a portfolio that includes a lot of international exposure to balance out domestic equities.
You may have heard the Wall Street saying, "Sell in May and Go Away." It refers to an adage about stocks underperforming during the six months from May to October, with November through April being the top-performing six-month rolling period, on average. So, should you sell in May? That is the topic of our weekend video