The market has already priced in a lot of the current bad news. The market is a coiled spring; positive news out of Ukraine could unleash a powerful relief rally. But what if oil and wheat prices stay this high and rising wages don't keep up with inflation? The global economy is already slowing. She doesn't see a screaming buy in the market, at least not yet.
Oil stocks She would not exit energy. Crude oil prices are around fair value today. Demand is rebounding strongly and supplies are a big question. American oil companies are making lots of money and are trying to ramp up production all bodes well for energy shares. Also, oil stocks pay good dividends and you need dividend payers now. She's rather hold a cash-flowing asset than sell it.
Unknown
Showing 1 to 2
of 2 entries
«
‹
1
›
»
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.