The idea of it being a Greater Depression may be pushing it a little too far, but another round of wealth destruction looks as clear as day to me. It is coming, this asset bubble will eventually burst, and it may be starting to happen now, we cannot be sure.
What I can be sure about is that proactive strategies that can make money in both directions while managing risk can do much better than buy and hold strategies, and given the levels of the market today, cash is even better than being invested in the stock market even though you don't get paid anything to hold cash. They are almost forcing you to invest, but the music is going to stop soon; don't be left holding the bag. |
发表于 2013-5-28 21:34
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