Don't worry about bubbles because investors are standing in quicksand. The Fed is desperately trying to raise rates but even if they raise rates next week it will not make any difference as a strong correction is very probable within months leaving the FED without the ability to lower rates enough to make a difference.
Deflationary pressures will continue indefinitely
Cash is truly King until the real pain sets in.
For 2016 Fairfax Financial and Fairfax India will continue to be my only holdings.
Wishing you my very best in 2016
No comments:
Post a Comment