Every so many years the Kondratiev Wave comes along and makes a strong case / presentation to get out of the market and into safer assets, but many fall into the too late category and lose everything as head fakes continue to pull investors in, taking their hard earned money. The signs and charts are all there as certain aspects of the market no longer run in tandem (see Venezuela, an OPEC nation) but by god the US market of today is roaring based on the upward squiggly line trends we see on these charts so it must be great, right?
Today’s market bears similarities to the roaring 1920s where wealth and good times was had by many, then the good times abruptly came to an end in the roaring 20s and many were left destitute. I am not an alarmist, but I see little difference between then and now and the good times we are experiencing now will come to an end, too.
The USD is at a low of 62.5 and the Euro is pegged to the USD @ 54.91 . . . those are some sorry numbers if you ask me which boils down to anemic currencies with less buying power. The purchasing power of the USD is dwindling and I can see the results of this at grocery stores, vehicles, building supplies as prices rise, but the dollar continues to deflate if you will. Sure the economy appears to be doing good with monthly job increases, but is the economy really healthy?
It is about timing and don’t be fooled by the coming head fakes, but be prepared and capitalize.
Submitted November 03, 2018 at 12:36PM by kareliasaint https://ift.tt/2qrZEFZ
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