The Manager Of The Dent Tactical ETF (DENT) Is Very Fearful Of The Equity Markets
Embracing the stock market’s seven-month rally comes with some mixed emotions for Rodney Johnson, manager of the Dent Tactical ETF (DENT). “I’m very fearful of the equity markets. They have risen too far, too fast, and I don’t see a strong enough economic recovery to sustain current levels,” he said.
“However, Mr. Johnson acknowledged the challenges facing any money manager in an environment such as this, when stocks represent one of the few bright spots,” Jeff Benjamin Reports From Investment News.
“As a card-carrying member of the leading-indicator club, [I understand that] higher equity prices lead many market watchers to forecast brighter days, but we don’t agree,” he said. “Instead, we believe that flat to lower revenue growth, along with stubbornly high unemployment and continued falling consumption, will eventually pull this rally under.”
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
“The big question, he added, is when the rally will run out of steam and start drifting back toward a range that can be supported by actual economic data,” Benjamin Reports.
See Full Story: HERE
GET A FREE TREND ANALYSIS FOR ANY ETF HERE!
Most Comments