Quote:
Originally Posted by BeerGeek40
Borrowing the Dos XX commercial.
MasterCard is the BEST bet on the board.
Thoughts?
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Any of the blue chip financial institutions (AMEX, MC, VISA) are good bets. The problem is if there's a huge correction, or worse another crash, which is actually overdue. Keep in mind the financial companies are being propped up by endless low interest rates. I feel just the way I did back in the late 70s when inflation and interest rates shot up rapidly. THAT will hurt financials, and ultimately the debtors.
At this point I'm in the battered tech sector and healthcare/drugs, with a small hedge on a reverse S&P ETF.
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