markets hit new all time highs
π Markets continue to make new all time highs.
Gold is up at over $2,500.
VIX is below 20.
For investors, it's all good signs for your portfolio.
There are some big icebergs out there:
π³οΈ US Election in November
πͺ Global conflicts escalating
π¨π³ Continuing slowdown in Chinese economy
Mike Tyson once famously said "Everyone has a plan until they get punched in the face".
π Now is probably a good time to make that plan and my advice is to write it down.
When the inevitable volatility comes, you can refer back to it in order to review and execute without incurring the emotions that come with tougher times.
π₯At some point we all will or have experienced the feeling like we have gone 12 rounds with 'Iron Mike'.
Chart is c/o BofA Investment Strategy latest deck.