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Get ready for a 5%-10% stock-market drop
If you have trades on that you’ve been thinking about selling, it’s time to sell. If you have a lot of margin on, bring it down. If you have little buying power, find a way to raise some. The reason: There’s likely going to be a significant selloff over the next two months. Of course, making short-term market prognostications isn’t easy. Some say it’s even a fool’s errand. –– ADVERTISEMENT –– It might be. But sometimes, the signals align to tilt the odds in favor of a market move. That’s where we are now. I’m not predicting the start of a bear market. I think the U.S. and global economies will ... (full story)