Either that or the stock market will climb the “wall of fear.”
Last I heard, Michael Burry was expecting a stock market crash and was shorting the market. He’s the guy who correctly predicted the 2008 housing crash, as shown in the movie “The Big Short”.
All in on T Bills 5.4% - sleeping great
...a vivid upheaval...
~~~~~~~~~~~~~~~~~~~~
Now there is artful phrasing.
We owe it all to clueless voters who cheated thereby electing the evildoers Biden and Bama!
These two evildoers have deliberately wrecked America and the lives of those who voted for the real candidate: Donald J. Trump, who could have captained this ship around the dangers.
Everything is coming together.
Been hearing this for a while. Until it actually happens, though, it’s all just doom and gloom.
Most of the “financial advisors” out there show these amazing charts of stocks earning about 10% a year for fifty years to their clients to get them to invest in the stock market (with high management fees of course).
There may still be a few sheep still left out there to shear....before the inevitable crash and burn.
(I haven’t checked lately but I think about 2% of my net worth is still in old stock investments....)
If you factor in inflation then the market has already crashed ( defined -10% ).
Listen to whatever Jim Kramer has to say about the market, and then do the opposite. It’s amazing that clown has a job giving financial advise. He should be sued into oblivion.
Inflation has a way of keeping stock prices high, even as business costs go up.
Thanks for the post, emailed the link to my EJ guy.
I’m thinking money markets might be a decent safe mode.
Bill Ackman just posted that he covered his bond shorts.
If there is a major crash, the ruling class will blame it on Trump, and the political fault lines will split where they always do. Bottom Line: the people responsible for bad fiscal policies will pay no political price.
In the past a stock market crash was followed by a real estate price boom. Well RE is due for a correction also. Never seen this before.
All in cash, LET ‘ER RIP?
“How low could the stock market go?
There is no way of knowing now.”
But he’s calling it a ‘crash’ nonetheless.
That’s one way to get people to read your article .
I always try to hedge my bets and keep a balanced approach. Timing the Market is very, very tricky.