General public may not be in a hurry to buy shares but Smart money are accumulating for sure. All those cash on the sides should start flowing back to the market slowly... (so agree that no hurry) but smart money / bargain hunters are taking advantage on companies with exposure to megatrends and minimum exposure to EU area.
Did I sound like I did not know how economy works when I said that the banks such as BOE would start their liquidity program? well.. the Feds and ECB have already made their statements that they too are ready..so if the other two banks put in additional liquidity like $250B, we'll have close to $1T.
Economists understands the economy the most but they don't make very successful investors.
I just "Follow the money" and will accumulate more next week after my instant noodle weekend.
BAL Price at posting:
$10.28 Sentiment: Buy Disclosure: Held