Unemployment rate still on the rise it seems. Going from 4.3% to 4.4%. Now we have $OIL taking off which if it sustains prices up here will probably drive up inflation higher. This once again puts the fed in another sticky spot where if inflation is back up they don't want to cut rates but if unemployment keeps getting worse they'll need to. This kind of makes me continue to want to hedge and not be too aggressive but also don't want to be overly bearish because of how overcrowded that trade is becoming. Still sticking with more value/defensive plays seems to be the move while having some exposure to some growth stocks/energy stocks/crypto plays just in case we do get a lot more upside sooner than people are thinking.
