I hope everything goes down another 20% or more. So much going wrong here and in the world. All the stats for the last couple of years have been propped up here to make things look better. For example, the employment stats every month have been overblown then corrected the next month or 2. This last stat was very low but it could be corrected even lower next month. Also, looking at these employment stats, a good portion of the hires are coming from government hires.
I got completely out of the market and put everything in 5.25% money market holdings. I’ll wait then get back in. Did the same 2 years ago at the end of 2021, got back in during 2023, then got back out.
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