October 19, 1987 the Dow lost 23 percent of its value out of nowhere. That was in one single day. The stock. market now is more vulnerable to this type of decline than at any time in its history. The tsunami is coming and will hit soon and it's not been without warning. The signs are all there but no one is looking. Complacency has set in even though the country that is divided on trump has 20 a trillion dollar deficit. Interest rates that can only rise. An extremely poor distribution of wealth leading to class wars. The list goes on and on and yet we have a complacent public. The stage is set. It’s not a question of will the tsunami hit it’s only a question of when. I believe the answer is soon very soon. Sell all stocks and buy put options on the S & P 500.
The time to get out of the way of the tsunami is before it does damage. There is still time sell all stocks. Buy puts on the indexes.
The US economy has been driven by printing money. Future historians will look back at this and say what were they thinking.
The world debt vs GDP is out of control. Of the $12.9 trillion chunk of debt owned by Americans, $5.3 trillion is held by government trust funds such as Social Security, $5.1 trillion is held by individuals, pension funds, and state and local governments and the remaining $2.5 trillion is held by the Federal Reserve.
