The Hissy fit that Capital Markets threw in late 2018 were puzzling, if not weird, at best.
Oddly, there are more times than not puzzling or strange market movement that the so called “Pundits” can reason why things occur, but really “Only the Shadow Knows!”
The recent market movement, although very small in context, makes sense.
Over the weekend, it appears that talks broke down on the China trade deals, and Tariff threats have made the headlines again…
This is fast news and can change in a nano-second, so knee jerk reactions are NOT needed or worthy!
This time, the market pause makes sense as increased concerns over the Tariff talks may cause slow downs in certain areas…
Here is a very short term chart that speaks to what makes some sense AT THE MOMENT!
Will it turn into something more? Maybe, or Maybe not, but it does make some sense, IN THE VERY SHORT TERM!
Longer term, just a speed bump in the Parking Lot of Investing!
Have a Great “Sensible Market” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth