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Need to Know: Market timers are on the sidelines, which means you might want to jump in

Bear-market calls are rampant these days. Paul Tudor Jones says “really scary moments” are on the way. Jim Cramer warns there’s nowhere to hide in this “very serious correction.” Steve Cohen predicts the bull’s about to die a painful death.

Get the idea? Yeah, pretty sure you do.

So perhaps it is time to consider Baron Rothschild’s famous market take: “The time to buy is when there’s blood in the streets.” That’s gospel for contrarian investors, and despite the occasional market blip to the upside, there’s very little doubt that there’s blood flowing in the streets these days.

Which brings us to our chart of the day.

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