Our Market Monitor says now is not the time to plow lots of new money into stocks.
David Katz, is Chief Investment Officer at Matrix Asset Advisors and says, “We’ve been very bullish all year. We’ve been upbeat about the market. We’ve got a lot of the returns. With stocks up 25 percent, we don`t think now is the time to get renewed optimism. Now is not the time to be doubling down your bets.”
