Markets were negative on Tuesday and that was even after some recovery later in the day. The S&P 500 ended the day down 0.6% and Toronto was down 0.6%.
The pattern for the last 16 months or so has been that dips are short-lived. Still, I like the idea of holding some cash just in case. I also note the big drop in U.S. consumer confidence reported last week. That’s a concern. As is certainly the flaring up virus situation.