If you have bothered to watch at all, then you clearly understand we are witnessing one of the biggest financial bubbles of all time.
With our busy lives, strengthening economy, and unflappable nonsense coming from the news channels, its easy to ignore the elephant in the room. America is BROKE… and heading rapidly toward a truly cataclysmic reset.
Everybody knows that we are in the second longest economic expansion in history. And everybody knows that expansions run their course and ultimately turn into bear markets. You don’t have to be a genius to know that we’re currently in a stock-market boom. But maybe you missed the fact that this boom has now become the second-longest stock market boom in history.
What we don’t know is when will this boom and expansion finally burst? We know they always do, but what’s most important is making sure that you and your finances are not left lifeless after the carnage.
We are nine years into this bull market run (second-longest in history), and the level of total net worth compared with income has reached a record, according to Joe LaVorgna, chief economist for the Americas at Natixis, citing Federal Reserve data.
Since the Great Recession’s end in June 2009, the disparity between net worth and income has soared and has increased by $33.9 trillion. This means that American wallets have grown fatter.
In all, total net worth of $98.75 trillion is now 6.79 times the $14.55 trillion in disposable income for households as of the fourth quarter… That’s up from 6.71 times in the third quarter. The previous tops came in the first quarter of 2006, with 6.51, and the first quarter of 2000, 6.12. Those two levels cast ominous signals over the U.S. economy.
In simple plain English, this market ranks as the biggest bubble ever!
You can keep riding this bus until it crashes into the deepest of valleys, or you can begin to take your profits now and move them to safety. No one knows the severity of the coming reset – how deep it goes and how long it lasts is something we’ll all soon discover.
Our office has become more busy this year than at any other time in our history, as we help accredited investors position themselves for a long and lean bear market. Connect with us if you’d like to discuss proven strategies to protect and preserve your wealth with alternative agriculture.