Some interesting perspectives on the market going...

Some interesting perspectives on the market going forward...

Hedge fund manager Kyle Bass has been 100% correct so far

Bass said he expects President Trump to ultimately place tariffs on the remaining $300 billion in goods imported annually that aren’t yet taxed, as the president will be forced to follow through on this threat once its apparent that progress isn’t being made.

He advised average investors to prepare for this downturn by adding to their gold US:GCN19 and real estate XLRE, +0.24% holdings. “It’s no secret why bitcoin BTCUSD, -0.20%, which I don’t own, and gold are starting to do well again,” he said. “Everyone sees the writing on the wall.”

https://www.marketwatch.com/story/kyle-bass-investors-should-ignore-g20-meeting-and-prepare-for-another-round-of-trump-tariffs-2019-06-26

The most recent example came in September 2007, when the Fed announced a 50 basis point cut from 5.25% to 4.75%. The S&P 500 peaked three weeks later before diving into the Great Recession—the rate cut would have been a perfect time to get out of the market, not get in. It was a similar story when the Fed cut rates on Jan. 3, 2001 for the first time since 1998. The dot-com bubble was just beginning to burst, and ten more cuts in 2001 couldn’t stop the bleeding. The S&P 500 plummeted 13% that year before an even steeper 23% fall in 2002.

https://www.forbes.com/sites/hanktucker/2019/07/30/widely-anticipated-fed-rate-cut-may-backfire-for-stock-market-bulls/#65a10b0e5bd9