Thank you Yuval. Excellent article.
Personally, I think I am Warren Buffett and Ray Dalio worrying about this now. My guess is, like then, it will not happen for another 3 years. For sure, everyone will try to keep it at bay until after the NEXT election, including the FED.
That having been said, I do what Mark (mv388158) does above. I am pretty diversified. Still, I have increased by small-cap value positions recently.
I read recently that small-cap value does well with inflation.
So here is my question. I think we are in a bubble. But could it be different than 2000?
There is a lot of money-printing going on and we haven’t even begun to hear people (politicians and the news) tell us about Modern Monetary Theory. Explain how not understanding this has been our problem all along and how this time will be different.
Different than 2000, perhaps. A lot different? If so, how? Will the money-printing (or something else) make it different? What about that petro-dollar thing. Will it hold up? Multiple opinions on petro-dollar, Ethereum (Bitcoin), money-printing, and
dollar-devaluation here: https://www.lynalden.com
Anyway, I am buying (not selling) small-cap value. Using P123 to do that.
-Jim