So far, this has been a fairly entertaining start to the new year! The S&P 500 started off with a bounce to 6050, pushed briefly below our line-in-the-sand level of 5850, and then finished this week with a retest of 6000. While the VIX remains fairly low relative to historical levels, it feels as if our “emotional volatility” remains pretty elevated! In recent interviews for ! And remember, the point of this exercise is threefold: Consider all four potential future paths for the index, think about what would cause each scenario to unfold in terms of the macro drivers, and review what signals/patterns/indicators would confirm the scenario. Decide which scenario you feel is most likely, and why you think that’s the case. Don’t forget to drop me a comment and let me know your vote! Think about how each of the four scenarios would impact your current portfolio. How would you manage…
