The shape and formatting of Teasdale’s poetry tends to be classic and charmingly unsophisticated. But the subject matter is ever romantic and offers a woman’s perspective on life and love.
I also think that the pullback does double in size, but I’m not smart enough to time the starts and stops of corrections, so I tend to use them as opportunities to get more aggressive by reducing hedges, or getting cash invested, as opposed to selling investments.
The concept shared at Davos is similar to what we’ve been preaching: Local businesses need to embrace the new technologies to not only offer the services that their clients want, but also to use these technologies on the operations side, making their companies more efficient.
Waterfall declines are typically not the final low; the Dec. 24 low might need to be retested—might. We’ll watch the breadth over the next few weeks to assess if the rally is sustainable or if portfolios need to get more conservative to defend against a retest.
