In this conversation, Mark from MPC Markets discusses the current state of the market, emphasizing the importance of momentum over traditional fundamentals. He suggests a strategic shift towards cash and a reduction in overall exposure, particularly in gold miners, reflecting a cautious approach to investment.

takeaways

• We've had 25 different reasons for this thing to go down.
• The best thing you can watch is the momentum.
• Getting back to cash with 30 to 50 percent.
• Probably closer to 50 percent in cash allocation.
• Still holding gold miners while reducing exposure overall.
• Fundamentals have the least amount of influence on the market.
• Market momentum is key to understanding trends.
• Investors should be cautious and strategic.
• Reducing overall exposure is a prudent approach.
• Monitoring indicators is crucial for investment decisions.