HomeInvestingOptionsMichael Purves On Today's Sell-Off
Michael Purves On Today's Sell-Off

Michael says the market selloff is a reaction of many factors. The FOMC meeting outcome was mixed, oil is selling of perhaps due to algorithmic cross currents, and interest rates continue to advance at a steady pace. Financials are taking out long term resistance and are still a relatively under owned asset class. Overall, Michael suggests investors should be exposed to earnings acceleration given the favorable macro economic backdrop.

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19 Mar 2021

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