I have always been a proponent of less government, less taxation, less expectations of what Washington can do for us.
No matter who wins in November, you can expect bigger government, more subsidies, and more money-printing…
Trump having delivered the biggest bundle of freebies to the American people in history – the “greatest national mobilization since World War II.”
But now I want to throw my hat in the ring with the bears. I think the stock market is extremely overvalued, having been propelled upwards by the greatest stimulus package ever in history and a day trading mania among retail investors.
Now that a little downtrend has formed… if I owned any stock ETFs or highflying individual names like Apple or Tesla, I’d be getting out now.
Michael Byrd
