The US stock bull market seems intact.
I’m staying defensive due to the inevitable rise in interest rates
Market pullbacks are welcome as they clean out the froth.
Ron Surz manages the Centric Core Portfolio on Covestor.
Consumer spending will also help the economy grow 2.7% this year
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Mid-cap valuations are less stretched; earnings are strong
On one-day, 25% slide hit my portfolio hard.
The market in the spring and summer may be bumpy.
A big cash position is an edge in this market.
The New York Times has slimmed down, but it was time to sell.