There are simply no buyers in this market. The sellers aren’t out in force today – there is just a complete lack of buyers. The uncertainty regarding our four issues will continue to keep a lid on this market until things are cleared up.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.