The Case for Buying the Dip as Mideast Conflict Widens
The venerable Warren Buffett offered this simple maxim in a letter to Berkshire Hathaway investors in 1986:. "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.". The economy is outperforming, the labor market has defined predictions of a rollover and the fiscal tailwind from the One Big Beautiful Bill Act is likely to support consumer spending and ease the burden of capital spending through tax breaks and aggressive depreciation schedules.The sector benchmark has risen more than 7.6% since last week's trough and finished just under 1.5% on Monday.The Cboe Group's VIX volatility gauge is trading above the 20 point mark, as well, a level generally seen as indicative of broader investor caution, while the S&P 500 remains only 0.5% higher for the year and within touching distance of key technical levels to the downside at around 6775 points."Investors should not fret one day of market volatility, especially since stock valuations have bee