I’ve been reading a number of articles that detail a number of worrying trends in the global economy. One example would be Nouriel Roubini’s article in the Guardian from a few days ago where he writes that “conditions are ripe for repeat of 1970s stagflation and 2008 debt crisis”. I don’t want to debate whether this is going to happen and I don’t want to talk about “what happens if the market crashes” like gets posted here every few days. I was hoping to have a discussion about how I/we should manage our investment portfolios - specifically stocks - if this comes to pass. Should I be focused on high growth tech companies? Dividend aristocrats? Gold? Consumer staples? Accumulate cash? Transition to bonds? Just not sure what the right position to take would be and I’m particularly interested in hearing from anyone who made money DURING a financial/debt crisis and not afterward (held during the dip).
Submitted July 03, 2021 at 11:31PM by chickenfriedsandwich https://ift.tt/2Uoltst
