market folly

Market strategist Jeff Saut is out with his latest commentary about perspective.  He argues that last Thursday the stock market's perspective changed.  He writes,

"Hence, while we have stopped recommitting the cash raised following the end of the 'buying stampede' on 1/26/12, we continue to think the print 'low' of June 4th will prove to be the 'low' of the current cycle."

Saut continues to advocate patience as things play out and give further clues as to where the markets are truly headed.

His missive this week also includes comments from their healthcare analyst about the Affordable Care Act and the Supreme Court's impending ruling which are worth reading.


Embedded below is Jeff Saut's latest market commentary for this week:




You can download a .pdf copy here.

If you missed it last week, we also posted Saut's thoughts on market mood.