From the Desk of Ian Culley @Ianculley
Don’t catch falling knives!
It sounds simple enough. But in reality, traders continue to lose fingers as they reach for downtrending assets.
Diving after downtrends isn’t one of my many afflictions. But I do have a theory…
Traders and investors don’t realize they’re catching a falling knife in the moment. They believe they’re bargain-hunting.
So if you’re one of the many investors out there mending fresh wounds this week, I want to make one thing clear…
Bonds are a falling knife.