I think a double dip recession is in the wake. Not sure when but its coming. The gov't is going to have to get use to the new unemployment rate being the NEW norm.
That being said....interest rate s are going to have to rise at one point. They are artificially keeping them low(cds suck and banks don't want to take risks for very little either) and that's propping up the stock bubble we now have. With a reduction of QE and higher interest rates on the horizon, although done slowly, folks who parked money in the market to escape 0% rates will flee. That's going to lower the Dow considerably.
I think its good to park capital safely and buy back in at low prices after the fall.
Keep away from Bonds.
That being said....interest rate s are going to have to rise at one point. They are artificially keeping them low(cds suck and banks don't want to take risks for very little either) and that's propping up the stock bubble we now have. With a reduction of QE and higher interest rates on the horizon, although done slowly, folks who parked money in the market to escape 0% rates will flee. That's going to lower the Dow considerably.
I think its good to park capital safely and buy back in at low prices after the fall.
Keep away from Bonds.