NCC1701
Gold Member
- Jul 3, 2016
- 1,696
- 184
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Can go on until the next real downturn, at which point the Fed has ZERO wiggle room as the interest rate is already functionally at 0%frothy, but it can go on like this a long long time, maybe even a new higher average, however, DO NOT buy right now. Market cap to GDP is too high.
Then, grab your ass and your silver bars.
yes, I wonder what would happen if recession hit now? money printing galore and negative interest rates? I shudder to think about it, nowhere to hide
the long term trends are not very good, demographics, globalization, gov't liabilities, etc.
but there is always something to hold onto like tech breakthroughs that give even larger productivity advances