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Economy

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Bill USA

(6,436 posts)
Fri Jan 20, 2017, 05:12 PM Jan 2017

Long in the market? Still time to get out, b4 nxt TrickleDownDereg disaster [View all]

... I really am not one to offer investment advice. I don't think any of the old saws about timing (okay, '...Go away in May' is pretty good) are that reliable, but one thing that is reliable, is when the GOP takes the WH and in particular also controls Congress, you can expect the economy and market to take a beating. Now, it could take a couple of years of cuts in taxes for the wealthy to show up in moribund consumer spending, and diminished growth and job creation, but considering what a screw-ball-idiot DT is, he may shake the markets sooner. If you want to gamble though, the idiot stock traders will likely drive up the market for a time - maybe two years. But if you want to be safe, I'd say get out NOW.

IF you want to go for gains, instead of just protecting your principal, then you might want to consider buying an ETF that shorts the market.


http://www.tradermike.net/inverse-short-etfs-bearish-etf-funds/

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