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Originally Posted by Stewie
Some interesting market changes in the last week.
The broad market became bearish on Friday. The analysis (from a highly respected group that is all about numbers and not emotion) is based on several factors, the most heavily weighted are corporate earnings.
The Fed balance sheet will move from it's current $5+ trillion to an estimated $9-12 trillion by the end of the year. Completely unprecedented. Printing money to cover paychecks and loans to individuals and companies.
Consuelo Mack had an interesting guest on her show Wealth Track today. It's an interview with the best bond investor in the last 35 years, Tom Atteberry. Quite interesting. Interview here if interested:
https://wealthtrack.com/safe-haven-i...tom-atteberry/
His only recommendation is to buy a house or other safe haven assets. |
The housing market is on a huge bubble imo- prices don't support value in the KC area. If Biden wins- this economy will tank and those who have been overpaying will be stuck for years.
Buy wisely.