Why, after all, are we more conservatively positioned at this time?
That’s our overarching goal: keep pace during strong years and earn our keep during flat or down markets.
Central bank and other government intervention, while welcomed, also changes the game of risk management.
Should economic data markedly deteriorate further, we may significantly alter our portfolio positioning in the days or weeks ahead.
At Black Cypress, we maintain no bullish or bearish biases–we labor to go only where the data takes us.