Get Into Cash

I have no idea when the bubble bursts but if you are paying attention to anything guru investors are saying, especially those that go on podcasts or speak at events, the signal is pretty clear. The crash is coming.

I’m not talking about the Peter Schiff types who are typically always blasting the policies of the Federal Reserve and the regulations of the government. I’m talking about super investors like Ray Dalio, or Jeremy Grantham who just spoke on The Compound about how we’re definitely in a bubble, but it hasn’t burst yet.

The good news is that it hasn’t burst yet, price to earnings ratios are still very high across the board despite interest rates rising. The Current Shiller PE Ratio is 29.82. Everyone is trying to time the market’s demise and it seems like they’ve been thwarted for now with fears of recession subsiding from questions to soft landings to wait, no recession at all folks.

Don’t get fooled by this. Get into cash and wait for some real bargains down the pipe. The reasons are stacked up and the yield curve is inverted. It’s only a matter of time now.