LOL!
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 25, 2005
- Messages
- 10,252
Alright boys and girls, I am going to change my asset allocation to 40% bonds because I see no major upside in the next 6 months in equities.
1. Europe -- all knowledge of bailouts is known.
2. US -- either taxes are going up or spending is going down or both. Either way that's less money for folks to spend.
3. Grid-lock in the Federal government which I'm agnostic about, but that does not mean any upside.
4. QE III is announced, so we all know about that.
Can anybody convince me otherwise? Thanks (I think ).
I'm announcing this change here mostly because if I announce it, I will really follow through on it.
1. Europe -- all knowledge of bailouts is known.
2. US -- either taxes are going up or spending is going down or both. Either way that's less money for folks to spend.
3. Grid-lock in the Federal government which I'm agnostic about, but that does not mean any upside.
4. QE III is announced, so we all know about that.
Can anybody convince me otherwise? Thanks (I think ).
I'm announcing this change here mostly because if I announce it, I will really follow through on it.