RE:Cashing in on The Trump TradeI have slowly raising cash in recent weeks but I will never go all in or all out. One thing I've come to realize with the market... when something seems like a sure thing, that's usually when it doesn't happen.
No one knows what happens on the morning of Nov 6. IMO, the worst outcome is if there is no clear winner and ballots need recounting or one of the candidates challenges a close loss. Markets hate uncertaintly and it's very likely that markets could have a face full of it on Nov. 6. Then again, I go back to my first point when something seems so likely that it's unlikely to happen.
However, we're at record highs, breaking record highs almost every other day. Just based on that alone it doesn't hurt to raise some cash as the market goes higher. But, sitting in cash could be a mistake too. Over time, markets always go higher. So, lower risk prefs or bonds might be a better middle-of-the-road hedge. GLTA.
amugsgame wrote: Lots of smart people here and I value the opinions. This is a non-political post - I'm hearing the recent rise in the market anticipates a Trump win meaning it's now priced in. On the other hand a Harris win could negate the rise and lead to the market dropping. Anyone moving more into cash as a hedge?