By Kevin Wong, Senior Portfolio Strategist

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One of the perils of working from home is that you lose the buzz and excitement of a typical financial marketplace. Some might say it is a “lack of visibility”. In the land of equities, that is what every investor has to contend with given that the earnings season is back upon us. Another peril of working from home is that you seem to lose track of time. On that note, it seems like a long time ago (end of May) when we argued for some profit taking (especially from “US Growth” stocks) and placing it into cyclicals and alternatives (distress assets). Since then, the US market has seen some volatility, but it has also recovered rapidly.