It’s not over…
Felix Zulauf (via Barron’s round table)
Do you have any specific investment picks for the second half?
I don’t. Investors should tighten risk-management strategies to their portfolios. I expect the FANG stocks and the Nasdaq to have a big selloff. They could easily fall 30% or 40%. But I don’t want to end my Roundtable career on a bearish note. [Zulauf announced at the January Roundtable that he is “retiring” from the panel after this year.]
Once the bear market is over and the recession or economic crisis passes, stocks will go up again.
FANG Stocks just took out Friday’s flash-crash lows…
Easy Money 