Ever wonder why the public doesn’t trust Wall Street? Merrill Lynch’s technical analyst is predicting the market could crash. If you think that could happen then it would make sense to move to cash but Merrill doesn’t make any money if you just sit in cash, so what is her advice?
“Bartels suggests buying consumer staples, mining stocks and betting against consumer discretionary stocks to protect from the decline and volatility.”
Why not just move to cash to protect from the volatility?