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How do you prepare for such thing? Do you sell all stocks now? Then what?
by Fire-Dragon-DoL 4mo ago
How do you prepare for such thing? Do you sell all stocks now? Then what?
- scoofy 4mo agoI sold in May. I'm in the largest cash position (t-bills) I've ever had. I might be completely wrong. I just looked at the situation with the oil crisis, and without any obvious way to end it, I just figure, if there was every a more obvious "sell in May and go away" year, this is it. Maybe I miss out on some gains and buy back in December or January. Maybe I'll increase my Berkshire position. I don't know. But companies tend to push the bad news till the end of the year, and boy, howdy there could be some bad news this year.
- Freedumbs 4mo agoIf we assume the play is the same as MAGA 1, the economic fallout happens post-2028. They'll keep inflating the bubble until MAGA cedes power. If that occurs.
- bakies 4mo agoCOVID throws a wrench into any kind of analysis in that time period
- Freedumbs 4mo agoI don't think so. Covid just provided more cover and justification for the looting programs.
- scoofy 4mo agoI don't understand this thesis beyond: "the past predicts the future"
- Freedumbs 4mo agoThere's a lot of moving parts one of which includes the destruction of the concept of truth itself, so it's tough to describe. TLDR: we get to see how powerful modern propaganda systems are compared to those that existed prior to the great depression.