what do we do when(not if) the recession comes?i've posted on this issue for over a year. we are now starting to see indicators turning. it's not here yet. but, it is coming.
10 yr bond yield are LESS than 3month ones, in the usa. that's just one right now. 5yr,20yr etc also would need to drop. that does not happen in a healthy expansion.
germany is in recession as we speak.
usa money distribution between super rich and the rest is at 1930 level. consumption is dropping.
best to sell erin now, asap, before this recession hits.
otherwise, we'll be hearing about "how bad the market is" excuse, ad naseum.
do we sit back & let nero fiddle while rome burns?