The greatest bull trap in history?
Trump has a very simple policy in place where he is telling the FED to keep the foot on the gas pedal and pump up the economy and the market. If Joe "sniffer of children" Biden gets in office, the FED will take a more relaxed approach because your taxes will go up to shore up the economy.
In the Trump scenario the market should just continue to be a bull market and rise organically over the next 4-8 years. In the Biden scenario there will probably be a "major market adjustment." This means your 401(k)'s will be wiped out and it will take 10-12 years to get the economy back.
That means Biden may just be a huge bull trap.
What is a bull trap?
A bull trap simply is when you invest your money into an overpriced market and then you lose almost all of it because the market "corrects itself."
You may be asking "how do I protect myself?"
Well it is too late now. You should have bought gold in December of 2019.
Alternatively, just follow this blog and I will try and steer around any major obstacles.
This election is the biggest one of our entire lives. On one side you have a man who stands for traditional America. On the other side you have people shouting "wall street is colonialism and racism."
Choose. Wisely.
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