This past September, we at Astoria Portfolio Advisors argued that investors should tactically de-risk their ETF portfolios going into October. Subsequent to that call, the S&P 500 Index fell 10%, and we witnessed one of the worst sell-offs since the Lehman crisis.
Positioning in U.S. equities is a lot cleaner following the recent 10% correction and the elimination of key tail risks. We believe there is relatively more upside in U.S. stocks on a short-term, tactical basis in the months ahead.
Click here to see our latest thoughts we shared with ETFcom.
Best, John Davi Founder & CIO of Astoria For full disclosure, please refer to our website: https://www.astoriaadvisors.com/disclaimer Click here for Photo Source