Ride the Recovery With This 4.7%+ Momentum All-Star
August 19, 2022 at 05:00 AM EDT
Thinking like a contrarian can sometimes be a crucial part of investing profitably. To be clear, that doesn’t mean you ignore reality. It just means that you’re willing to look beyond the obvious narratives based on the last few trading days, and instead look to what the future holds. Right now, we’re at an interesting point in the stock market that lends itself to contrarian thinking. On one hand, the last several months have all given us ample proof of the risks on Wall Street – inflation, rising rates and volatility. But looking forward, the narrative may be changing. July Inflation was flat month-over-month as measured by the Consumer Price Index.… Read more