Go ‘Long Cash’ into October - Mint Partners

Bill Blain, Strategist at Mint Partners does acknowledge the strong fundamentals of the global economy, but believes the rally has gone too far due to the distortion created by the central banks’ QE and other unconventional tools.

Bill mentions October 12, 2017 as the date to watch out for and draws parallels between the Oct 1987 crash and today’s situation.

This is the reason Blain is advising his clients to go ‘long cash’ in October as the expected 20% sell-off would be a big buying opportunity.

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