I will say what I am doing and why (short version). Heed or ignore as you wish.
1) Democrats are the party of the rich, and of the super rich. Swim downstream, not upstream.
2) For multiple reasons, including massive deficit spending, I expect a lower US $ vs other currencies and more inflation. I am about 40% international and am investing in sector ETF’s that focus on infrastructure, on financial services, on rebounding consumer spending including leisure & entertainment. Oil & other commodities will rise.
3) Bonds will get crushed if interest rates rise, and the Fed wants higher rates. High yield bond ETF’s that don’t include fracking loans are the only bonds I am interested in. Besides, the Fed is going to backstop any risky bonds for the foreseeable future (except for politically incorrect Fracking, of course).
4) Remember the phrase “helicopter money”? Here comes a Chinook.
Thank you. You have given me plenty to think about. I appreciate it. Not sure I understood #4.