The end is near. The curtain is about to close (market, President)
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Laugh now. The flap dancing idiots and drunkards from the 1920s thought that nothing would ever happen to them and by the 1930s they were plunged into the great depression. Don't get too comfortable.
"Someone told us wallstreet failed but we were so poor that we couldnt tell"
Alabama-Song of the South
They make all these wild predictions, often basing all their arguments on things that they believe will happen one day. Obviously they are wrong 99% of the time. But that is irrelevant, because they just dream up something else and start screaming about that the next day.
if you look at the cyclical history of the stock market we should loose some where between 5/6 and 6/7 of the current value of the stock market. Unless you can figure out how to change the economic energy dynamics of the market.
There are predictions the stock market will lose more than 80% in this mess.
Where are your 401k's?
Liquidated while it was high (long time ago), now pushed off into other investments which are tangible.
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