Published on: December 19th, 2018 • Duration: 36 minutes
Mark Ritchie II is cautious. He moved to 100% cash in October 2018. Many stocks are already in a bear market, but he's looking for sentiment to sour further and for clear signs of capitulation before he dips his toe back in. Since filming on 12th December (originally for release on Jan 2nd), US equities have fallen an additional 5%, sentiment has deteriorated and some of the lows have been violated, but Mark remains in cash. Filmed December 12th 2018, in New York.