Markets Poised for a Major Crash
With all that “The Fed” and the FOMC has been doing this year, there is a growing number of economists that are certain a Stock Market Crash of “epic proportions” is about to happen. No one knows the exact timing of this horrific event, but I’m giving you a dire warning now so you can prepare within your portfolio and your home. If you were part of the 2008–09 crash caused by the Mortgage Meltdown, you will remember that the stock market lost about half of its value. Expect worse this time around, particularly when you factor in the National Debt situation caused by the current administration.
You see, the U.S. can’t keep borrowing and borrowing and never have to pay a big bad price…even if you are the Government. For example, we can’t give The Ukraine (regardless of how worthy the cause is) tens of billions of dollars without a return of that investment in the form of commensurate cash flow. As a government, we can’t continue to fund “government shutdowns” and entitlement programs with fiat money. Additionally, we cannot continue to throw $Billions into the “Green New Deal” which will take 25 years to fully make an impact. Our budget is dry, and the government keeps spending like a drunken sailor. When you look at all the factors going on, the wars, inflation, government loan programs, interest rate hikes…it’s a recipe for the biggest market crash in the history of the U.S. Stock Market. I’m talking about a market drop in excess of Wall Street’s Black Monday of 10/24/1929.
If you own stocks right now and want to avoid tears running down your cheeks as you describe to friends your investments are ruined, then you must position yourself properly now. For starters, get rid of any stock holdings that you can sell at less than a 10 percent loss. There may be a little more “exuberance” before the crash, so its not too late to wait for your 15% losses to become 9% losses before pulling the “sell trigger.” Right now, Cash is King…so don’t repurchase until the crash is well underway. As a caution, there are certain market gurus that are telling you to buy the recommendations I’ll be given you below…right now. I’m saying, be patient and wait for further instructions from “God.”
There are a few investment categories that I like, and that I know will be fine…