i think equity markets will run for all time highs. we might see some sharp bullbacks in short term trades , but overall bigger picture still looking bullish to me. watch for big dump if SPX overshoots up to 4000-4200 range.
Agree. We will see last phase of the 'bubble' until early 2021. Long position after the election, short position after the New year's eve.
lu1977hk
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Question: in the scenario of a housing and financial crisis: how would you protect your wealth? what do yo suggest to do? Banks may fail and the deposits go away, Real assets diminish in value, what is your plan?
VulcanoRosso
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@lu1977hk, not all banks can fail at the same time. especially big ones.but some of them may encounter some liquidity issues for a period of time. also ; treasury bonds can be considered as safe heaven during a crisis.
Lionhead
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Agree with the current pullback to around 3200. I'm currently short til then, will be watching that level closely for signs of a rebound of further fall.