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PecuniaNonOlet13 hrsI have been befuddled by the stock market as well however I have come to terms that just like the dollar wont lose its reserve currency status because there is no other currency alternative to go to so too is the US stock market. Where else would you invest money in China? Mexico? Brazil? Germany? Iceland? There are no good choices for a variety of reasons: communism, socialism, taxation, etc. The US is the only safe harbor in the investment universe. Yes, there will eventually be a correction but quite honestly, there is no real alternative and the market will pop up after the next correction.
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Mike Shedlock considers the following as important: Global Economics
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PecuniaNonOlet
I have been befuddled by the stock market as well however I have come to terms that just like the dollar wont lose its reserve currency status because there is no other currency alternative to go to so too is the US stock market.
Where else would you invest money in China? Mexico? Brazil? Germany? Iceland?
There are no good choices for a variety of reasons: communism, socialism, taxation, etc. The US is the only safe harbor in the investment universe.
Yes, there will eventually be a correction but quite honestly, there is no real alternative and the market will pop up after the next correction.