‘Signs of Tiredness’ in Stock Market Run; ‘Heavily Overweight’ Treasuries

Chris Watling describes why he’s turning cautious on U.S. equities. He sees “signs of tiredness” in the stock market after its strong run up and thinks Trump’s policies will initially slow the economy. He looks at historical patterns in the SPX to explain his reasoning. Chris notes that he is currently “heavily overweight” U.S. Treasuries.

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