Tactical Allocations

Allocation: My signals are saying  Large Cap Equity  again. Although I still believe this is a lull before a storm. I bought  KXI  a year ago, and am going to sell that (all that is left) and buy DVY. These trades will take place on May 1st. Updated Allocations: Large Cap Equity (VONE):     83%   Small Cap Equity (VTWO):      0%   High Yield Debt (JNK):              0%    Inv. Grade Debt (AGG):           17%   Trades on May 1st. The Equal portfolio:   No trades. The TA portfolio:  No trades.  The Enhanced portfolio:  Sell all 165 shares of KXI and buy DVY with the proceeds.  Disclaimer: Past performance is not a guarantee of future performance.  This strategy is presented for informational purposes only and is not a solicitation to buy or sell any securities. I own all of the securities suggested in all three portfolio's.    October is one of the peculiarly dangerous months to speculate in stocks in.  The others are July, Jan

April Allocation: Markets continued to rebound but seem to be slowing. Earnings growth concerns and corporate debt levels are both weights on the market right now.  I am also hearing a bit of talk about "Modern Monetary Theory (MMT)". One of the scary tenants of MMT is that the Government can spend as much as it wants (no debt limit on governments) because they can print money.  We have many examples that show that this leads to hyper inflation. I have talked with people who have lived through hyper inflation and it is not something we want to experience. MMT sounds a lot like the classic "Its different this time" argument that almost always signals that we are close to a market peak. It is never different this time and those who get sucked into believing that it is always pay a dear price. My signals are saying  Large Cap Equity  again. Although I still believe this is a lull before a storm. Because we bought  VONE  a year ago, I will maintain that expos