ThinkCritically
Open to opinion
As far as the market and my pension fund is concerned............think globally, while Main St. is local.
Glad I'm retired and no longer depend on Main St..
That is all.
Resume your normal activities.
The Global economy is in for an even bumpier ride. If your retirement is invested in the global market I would diversify as much as possible. Honestly if my retirement was in the global market place right now I wouldn't be able to sleep at night. There are so many factors that can go wrong there, It will be a volatile but up hill climb though for developing nations in the long-run.
I also believe that the US middle class will continue to erode as capital flight continues throughout the world. The labor class of america is gone and will not return for quite some time into the future. This means increasing wealth disparities and political turmoil for us in the future. Add into the mix the possibility of a double dip and you have the making of another huge structural change in the labor force as generations of middle class wealth disappears over night.
The Fed might pull it off for us if they are able to retract all the money from the economy quickly enough once spending picks up...if it ever picks up.
If a double-dip was coming, it would have happened by now. I can 10-4 the rest of what you said (except for not sleeping at night....I need my rest).
The next dip won't be a double one, it'll be a frackin' free-fall.
I'm confused...You don't think there will be a double-dip, but you do think there will be a free fall. And you still have you retirement in the market?