MY REASON FOR BEING ALL CASH:
I am erring to the side of extreme caution right now...we could have an all babies in bathwater moment tomorrow...as in, everything goes down, doesn't matter what, they all come down...I believe we are perilously close to 2008 moment of complete lending freeze & everything locks up...no money flow...people are underestimating how bad this Fitch downgrade is...lending will be very tough here on out...imo
I could be wrong, but I would rather be wrong sitting cash, than be right sitting in stocks...good luck & stay safe, now is NOT the time to be in stocks, EXTREME market risk..imo