On Deck… a long term Bear Market

If you haven’t already, could be time to get into cash. The next bear market will be long. Just one man’s outlook based on 20+ years of watching short ones filled with big time government spending. 2001 seemed long for stocks, but people were buying property. 2008 was over by the following holiday season with the incredible amount of spending that happened under the Obama Administration. This time it’s different. There’s no money this time and we need to have higher interest rates, which seems like a long time coming. Time to take our medicine, essentially. In the end that means a long term bear market.