Thanks for the mid-month update! 2023 has gotten off to a crazy start already. Agree that it's looking more and more like a year for active portfolio management to try and stay ahead.
Trying not to get caught up in cyclical rallies as easy to forget that we're very much still in the middle of a big correction being imposed by central banks.
Thanks Julian! Yes, rallies are great for generating alpha over the indexes… Trading short/long ETFs, taking gains on positions, then buying more on pullbacks. Buy and hold likely to frustrate for some years to come.
Thanks for the mid-month update! 2023 has gotten off to a crazy start already. Agree that it's looking more and more like a year for active portfolio management to try and stay ahead.
Trying not to get caught up in cyclical rallies as easy to forget that we're very much still in the middle of a big correction being imposed by central banks.
Thanks Julian! Yes, rallies are great for generating alpha over the indexes… Trading short/long ETFs, taking gains on positions, then buying more on pullbacks. Buy and hold likely to frustrate for some years to come.