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Another fantastic week! Not just did earnings season continue to deliver great buying opportunities, but we finally reached our final limit of 200 holdings. Best of all? Economic data came in that indicates that Q1’s GDP growth rate should come in around 3.1% according to the New York Fed’s real time GDP growth tracker.
Meanwhile of course those of us hoping for a correction to provide higher-yields continue to be disappointed. Trump’s announcement that he will release his specific tax cut proposals over the next 2-3 weeks has the market once again jubilant, with all three major indexes hitting all time highs. Thank goodness that our broad and diversified approach allows us to see what’s on sale. That means we can continue to put capital to work where it’s likly to earn the best long-term, market beating total returns.