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Compiling comments that experts make about stocks while on public TV.

2017-09-13

General Comment by Michael Sprung

Bias Subject Owned
CAUTIOUS CANADIAN LARGE _N/A

Market. There are some risks in the market right now, but they have been building for some time. We’ve had a long run of good markets without any significant pullback. No one ever knows where or when or why it is going to happen. You watch valuations and things begin to look a little more expensive, and it is harder to find things you are comfortable buying. Over the last 6-8 months, he has been a net seller as opposed to a buyer. Cash positions are building a little. It is probably prudent at this time in the cycle to have some cash on the sidelines in case you do see some sort of significant pullback, whether it is set off by a geopolitical event, an economic event.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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