It’s the never-ending parade of uncertainties that are hard to quantify, let alone figure out how to trade, that some on Wall Street are seeking to avoid.
“We have gotten several questions about why we have not made any investment recommendations over the past few weeks,” Jeff Saut of Saut Strategy LLC wrote in a note. “To that we reply – we only make recommendations when we think the odds of success are high – we have not felt that way for the past few weeks.”
This article was provided by Bloomberg News.