U.S. stocks have entered the “death zone,” a top Wall Street strategist wrote this past week. I detected a bearish undertone.
The phrase is used by mountaineers to describe heights where humans can’t live for long. Survival is said to depend on speed or supplemental oxygen. I recommend just picking hobbies that don’t have death zones. In fact, I’m cautious on most zones: flood, no-fly, hot, impact, euro. I’ll spend time in my comfort zone, but I prefer my happy place.