I've been holding more cash for the past two months, and it's starting to seem like a wise decision.
The question is when to put the capital back to work.
In the short term, the trend isn't looking good — the macro picture is just too messy.
However, it seems like as long as the Fed doesn't raise interest rates, the momentum will pick up again.
The strategy is still hold for now. Not even DCA a bit until something concrete is announce. If no rate hike, i am buying. If there is a hike, keep holding cash
What do you think?