Be very, very careful of this classic Dead Cat bounce. There are countless more financial corpses ready to fall out of the world`s closets. We`ve only seen the start of the mayhem. US interest rates are now down to 2.5%. What will the Fed do when the next horrendous body is discovered? And after that? You`d have to be mad to buy anything at the moment. Stay as liquid as you possibly can be and pay off debt. If you CAN sell property at a profit, do so. There`s a Tsunami coming. |
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