By coinnews 
00:00 Speaker A
So, if there are any rallies off the back of any announcements with China, obviously the President posting this morning that we could see a rate of 80%, but ultimately it’s up to Treasury Secretary Scott Beson. If we do get that lowered rate and we see a market rally heading into Monday, would you fade that rally?
00:21 Speaker B
I think in the short term, the answer is is definitely yes. I mean, I, uh, we have a more defensive positioning in our portfolios right now, but I would say we added to equities a couple weeks ago when we saw valuations were a little bit more attractive and also, uh, taking a view that we thought that trade negotiations would play out over the balance of this quarter. Um, so right now, we’re kind of holding steady, and I would say for investors that, uh, have not participated in the market rally, we still have enough back and forth that’s going to happen over the next two months as we get to that July 8th termination date of the 90-day pause. That there’s, there’s going to be opportunities to buy, and buy good stocks at attractive valuations. So I would say don’t give up on the equity markets. And I would also say on the fixed income market side, you know, rates are still elevated, rates still look attractive on the short end of the curve, and that’s probably a good place to be as well, just to be a little bit more defensive.