We took a big step in getting out of the market this year, and all we’ve got left is very conservative. Lost half last year, and I sincerely believe the current uptick is destined for a major correction or another collapse.
The lack of jobs is a ticking time bomb.
We’re in a real pickle. Either the economy keeps heating up and inflation picks up, which it has to do because of the multi-trillion dollar deficit spending, or it swoons again because employers are too wary of the snake to invest any more than they absolutely have to. I predict the former, at least at first. The sophomores who are handling the financials know how to heat an economy up, but they don’t know how to manage one. After the inflation, with unemployment still high, we’ll have stagflation.
With luck we’ll get a president in there willing to let us have the second recession, without bailouts. That’s really what Reagan did. He made us take the medicine and boy was he hated the first two years. But then everything went crazy. That won’t happen under a racial marxist.