The US markets, and the world’s as a result, are in what number crunchers on Wall Street call, a correction. But to me, and probably you, it looks like a free fall. The US, hell the world’s, economies are in serious trouble. There are two fissures in our global economy that, as I type this, are fracturing even further. The stock markets and the bond markets. These two are intimately connected and as goes on, goes the other.
When the stock markets retreat, lose ground, call it what you want, it drags the bond markets with it. And the bond market has the same pull on the stock markets. One of these two is going to burst into flames in the near future and all hell will break lose. It would be prudent to consider positioning yourself in the event of a major shift in the economy. It’s not all about beans and bullets folks.