Still hesitant to invest

[mtbc]

While I remain ready to buy if stock prices much fall, I have been surprised by their robustness in the face of the increasingly obviously out-of-control pandemic causing such illness, lockdowns and general economic distress. If a market correction is warranted, it looks to be neither as soon nor as sharp as I had expected. It may be that the S&P 500 will benefit from a combination of the Federal Reserve continuing to buy bonds, economic stimulus from a new Congressional session, and persistently low interest rates.

Therefore I suspect that there will not soon be a large dip for me to buy into and, otherwise, I am leery enough of what this quarter may bring to prefer to stay wholly cashed out of US stocks. Historically I have favored large cap but, in considering what might work out best given what I expect may come to pass, in the next quarter I am most inclined to shift strategy toward buying some smaller cap value stocks in sectors like construction, technology and healthcare.