Historically, this has been a bad time of year for equities, and right on cue (well perhaps a little late) comes this report in NYT
The Bond Market Is Giving Ominous Warnings About the Global Economy
https://www.nytimes.com/2019/05/29/upshot/the-bond-market-is-giving-ominous-warnings-about-the-global-economy.html?nl=todaysheadlines&emc=edit_th_190530
I've been selling stuff to sit on some cash for a while, but I've also topped up SXY at 0.305 and 0.315, as I think it will buck the trend.
We will see .....
Estimates of FY Underlying Profit, page-38
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