Reported 2 months ago
In a recent discussion, Chris Watling, founder of Longview Economics, highlighted that the current market sell-off is not a singular event but rather part of a multi-wave phenomenon, predicting up to five waves of selling. He notes that within these waves, there are often relief rallies, making current market movements a natural part of a larger trend. Watling suggests that investors consider rebalancing their portfolios and focusing on new sector leadership emerging from recent market rotations, rather than sticking to traditional tech stocks.
Source: YAHOO