As the market continues to recover and grow progressively more expensive, investors may be starting to consider rotating out of more aggressively positioned assets. By holding some capital in assets that are able to hold their value relatively well through periods of volatility - those that we call dry powder assets - investors may be able to take greater advantage of market weakness. It's essential to think about these types of assets beforehand rather than try to improvise in the middle of a drawdown. As the former Treasury Secretary Tim Geithner used to say, "a