Buyback companies underperformed YTD – while S&P 500 is down 16%, the S&P buyback Index is down 30%. Investigate the highly uneven distribution effects and consider this before investing in those sectors and companies.
There is no doubt that times like these necessitate asset diversification.
Some candidates include Bitcoin (“BTC”) and Gold (“XAU”). We have an on-going debate with one of my best friends about Bitcoin.