Benj Gallander's Top Picks: Quarterhill, First US Bancshares and cash
After a couple years of markets pursuing an upward, relatively calm path, volatility is again a major watchword. While many prognosticators have clear crystal balls (often foolhardy ones), ours is very cloudy. The strategy from here remains being particularly picky when choosing stocks, buying less and receiving a dividend will help us get some returns in the upcoming choppy waters. On the sell side, we're happy to dump when stock prices on our companies seem plump. With markets this high, government debts continuing upwards and interest rates already very low leaving two major tools out of government’s toolboxes for fighting a recession, appreciating that the market risk has increased while reward has diminished is important.
And don’t get me started on the stupidity of negative interest rates…