C, I think it may be time to get back to fundamentals, and to ignore every squiggle and twitch of the market on a day by day basis.
I mean, it is not as if we do not know what will, as in must, happen, eventually, at some point, in the market, in order for the imbalances to be squeezed out, leverage to be rung, and high valuation to be flushed.
So, therefore, I will now prepare my portfolio to be ready for the end of days, since there is no particular need to wait and see.
The magic words are ... "oil, gas, coal, platinum, gold, palladium, land", and the forbidden words are "debt, fiat, technology, consumer".
J |
