That's a good article (btw- if you remove the s after http the link will be live), and I think the last two subheadings in the article are more fundamental then opinion. Both based on Bonds -
- "The Fed has been pumping liquidity into the economy via its massive quantitative easing bond-buying program, which still holds around $4 trillion of debt. That’s about to be sucked out as the central bank raises interest rates and reduces its bond balance sheet, creating volatility,"
- "The difference between the yield on U.S. Treasury 2-year notes and 10-year notes recently plumbed to its lowest level since the 2008 financial crisis. Historically, a yield curve inversion — meaning 2-year notes pay bondholders more than 10-year notes — has forecasts a recession."
Other than that, there are a ton of factors that could drop the economy like a hammer, or keep it humming along. You won't know which factor until it happens, if it happens (tongue in cheek).
Corrections are inevitable. While work is good, save. While stocks and housing are high, sell, if maintaining assets are most important. Housing is a catch 22 in many ways.
In the meantime it's ticking right along, until...? |
