After further consideration I am staying mostly out of
the market until we see the dust settle on the latest FED action. There are
many signs of a slowdown – the FED’s latest indication of no more rate hikes
this year (coupled with cancelation of the balance sheet wind-down in
September) may be perceived as negative for the market.
I’ve been out this long – a little longer won’t make much
difference.
I am remaining at 30% invested in Stocks. Sorry for the
flip-flop.