Truth is, government has grown to depend on inflation for ever increasing revenue. Politician s propensity to announce future spending projects to be paid with inflated future tax revenue has been the norm. In spite of the dubious condition of the world economy, U.S. economists see no threat on our horizon. Stock market performance has routinely broken records and predictions. Corporate earnings are impressive.
Unemployment is almost nonexistent.
All of us old-timers know that an economic correction is inevitable but economic indicators do not validate that assumption. Stay invested in a diversified portfolio of stocks. The gains you ll forfeit by sitting it out on the sidelines will more than be compensated for gains from being in the market. Get out of debt. Adopt a Depression-era mentality against personal debt.