What To Do Before The Other Shoe Drops
Here's what to do before the other shoe drops. Other shoe? It's a rather vague reference, right? Or is it? At this point, whether you read this blog or not, you must be aware of how dysfunctional our financial markets have become. To say the stock market is overvalued is an understatement. And unless we believe either that this time is different (i.e., there will be no reckoning, but a straight shot to the moon) or that the economy will boom, exceeding the speed of sound (Boom!) approaching the speed of light, thus justifying the current insane valuations. Of course... You must be aware that the economy, purportedly booming under the brilliant leadership of the Big Orange Guy, is not serving up a lot of good news and good stuff to, well, at least a significant portion of our esteemed citizenry. You must be aware that the war with Iran is not what it appears to be - whatever it might appear to be to you or anyone else. (cf: the fog or war, something we discussed last time ). An...