As you all know these guys are considered 3 of the best investors and market predictors of all time. In the past 18months all are predicting a very negative market outlook in the long run. They feel companies are over leveraged and are investing in financial engineering schemes as opposed to fundamentals such as infrastructure, R&D and labour.
They also feel the low economic growth, low to no inflation, high debt and extremely low interest rates are poised to result in longer term demise.
All are more or less predicting to a large bear market in the likes of 2008 on the horizon. All suggesting to move away from equities and start storing cash, precious metals and rental real estate.
What do you do when these 3 legends are speaking like this? stick to a balanced portfolio or cash out of equities and sit on the sidelines?
Submitted July 07, 2017 at 08:14PM by whatwafflesapollo http://ift.tt/2szIgi0
