Posted by WSJ Staff Writer on Monday, June 17, 2019 06:59:02It’s time to retire.
Or, more precisely, retire from investing at least for the time being.
The American economy is in a bubble.
Its a bubble of sorts.
The only way to get out of this is to start buying more stock and/or holding more bonds.
And it would take a significant shift in thinking.
The U.S. economy is on a tear, up about 8% in the first half of 2019, driven by a surge in demand and a glut of cheap credit.
But there’s a problem: the U.N. has put the economy on a bubble trajectory that has put its fundamentals in serious peril.
So why, as investors, should we be putting our money into stocks?
First, we need to know what we’re investing in.
If we don’t, we’re likely to miss out on a huge potential return on our investments.
For starters, the U