“You should follow price. Quit trying to be an expert, follow prices and follow trend.” – Jerry Parker, Chesapeake Capital
In Pure Portfolios’ August 2023 Market Commentary, Chief Investment Officer, Nik Schuurmans, covers seasonal weakness, future bond returns, higher rates & equity returns, and playing the long game.
While there’s no shortage of things to worry about, including a wobbly China, inverted yield curve, and higher interest rates, the U.S. economy has been surprisingly resilient.
Many have debated if we get a hard vs. soft landing…what if the Fed already landed the plane?