I have been watching the market for 15+ year. I'm at a loss as to what to do. Every indicators show we'll be getting a 6% GDP this year (USA). So bond yield rising is normal, as that's the way a healthy economy should be.
But the market is falling due to the bond yield. Now I don't want to short the market when we are expecting GDP 6%. But at the same time, I am losing $ at Nasdaq stock as everything is falling, eventhough old econ. stock doesn't fall as much.
The only thing I can think of is stay away from the market for the next few mth., and some CNBC commentator said the market will done its consolidation by end of June
P.S. how do I get en email on any reply to this thread?