It's been quite a while since we checked in on market strategist Jeff Saut's latest commentary, so we figured it's time to see what he's thinking. This week, Saut's investment strategy piece is entitled, "Making a Market Call." In it, he predicts that the market will see the "first decent pullback of the year" in mid-July or early August.
He arrives at this prediction based on various readings and he's advising raising cash levels, comparing it to the summer of 2011 when the market dipped 18%. But taking a step back to the bigger picture, he also believes we're still in the midst of a secular bull market that has years left to run.
Embedded below is Jeff Saut's latest investment strategy piece:
You can download a .pdf copy here.
Tuesday, July 8, 2014
Jeff Saut Predicts Pullback Within Secular Bull Market
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