The choice facing investors: buy the bounce, or bet on a bottom

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BakerAvenue’s Chief Strategist, King Lip, says he is content to hang on to a much larger-than-usual allocation to cash despite the recent bounce. Read the Reuters article here.

Any suggestion of cause and effect or of the predictability of economic or investment cycles is unintentional. Past performance is never a guarantee of future performance. Baker Avenue Asset Management LP may currently own or have previously owned a specific stock or company referenced, and a list of our past holdings can be found at the SEC website. Click to view full disclosures.