CNBC/Elliot Smith/6-27-2022
“The stock market bounce in recent days is just a relief rally and investors should avoid getting sucked back in, according to Trevor Greetham, head of multi-asset at Royal London Asset Management.”
USAGOLD note: That’s assuming of course one had the wisdom to do some selling at record-high prices. Greetham says that what we have experienced thus far is just “the interest-rate driven part of the bear market.” There’s more to come. Greetham’s in the camp that sees the Fed holding to the tightening course.
