No. of Recommendations: 15
FWIW, one of my subscriptions behind a paywall just now came out with this:
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"I think this is getting over-done...
FWIW, here is a talking head quote from the opposing viewpoint : )
Global Investment Strategy newsletter from BCA Research. A subscription service I used to subscribe to. I stopped when it started costing over $12k/year, though I made a serious bundle on some of their recommendations. To over generalize, they follow where the big money is going. They've been advisors since 1947.
Their recent quote:
"At the end of June, BCA’s Chief Strategist Peter Berezin published his Quarterly Outlook report: “Here Comes the Pain” Peter and his team were tactically bullish on stocks for most of 2023, but shifted to neutral at the start of 2024, and downgraded stocks to under-weight in late June. Last week, he further fleshed out his thinking in a Q&A format report title “It’s Bear-zin Now."
The bottom line is: Don’t buy the dip."
Emphasis theirs. The comment was sent out July 26 by email to their ex-subscribers and presumably potential future subscribers.
Jim
