Why a pullback is a buying opportunity

CNBC — May 23, 2017

In his May 23 CNBC interview, Jim explains that while the markets are long overdue for a 10% pullback, odds have been rebuilding for a rate hike in the June 13–14 Fed meeting. The reason: the U.S. consumer is fully employed, and job figures ranging from wages to job quality to hours worked are on the rise. While these fundamentals are in place, a pullback is a buying opportunity, not a selling opportunity.