Post by
555rookie555 on Aug 16, 2023 11:53am
Gut feeling
<br />China lowering interest rates suggests less disposable income / spending on consumer goods. Lots jobs still but IMO there should be a slow down coming. I think it will be a slow decline that arrives in unfavourable quarterly reports, but, once the grown ups on the street decide to sell off, I want to be sitting in a position to buy in. It took some self control to liquidate some of my holdings but as the saying goes "pigs get slaughtered".