Time to put my 401K back into guaranteed funds?
cautionary tale. France’s free riders reached 51%.
vive le freebees..
Well, I wouldn’t suggest Government bonds, and there will be a short window where the media has enough folks believing a Democrat control of any one of the 3 parts of the legislative branch will produce a economic expansion, but don’t look for that to last past January.
I did Friday morning in anticipation of Sarkozy losing and throwing the markets into turmoil. Worst case: I'm wrong and lose a few bucks. Best case, I'm right and I protected my profits.
Yep. France sees the answer to failed socialism as even more socialism. I think there will be downside to financial markets but this will drag on for a long time. I have moved quite a bit to bonds lately.