Push the Buy Button Here on a Market Slump
The recent market rally is starting to feel a wee bit tired here. Much like fellow columnist Helen Meisler, I think investors have gotten a little complacent -- and the bullishness has put my inner contrarian on notice. I do not foresee a major selloff in the near term, but a decline of 2% to 4% would not surprise me at all.
If we see any such slump in the market, one of the action items on my agenda would be increasing my exposure to domestic manufacturing. This area has some strong tailwinds, such as low-cost energy, auto production that should hit 16 million vehicles in 2013 and a sustainable domestic housing recovery. Furthermore, China looks appears ready to reaccelerate after its once-per-decade political transition....352 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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