Courtesy: Zerohedge.com
As you can see, people's wages are rising and with that, their appetite to see their cash working for them, instead of sitting in accounts, idly collecting 0.000001%, or whatever banks pay on deposits these days.
Deficits matter, but the national debt can be dealt with by making tough and necessary political decisions.
Many will become the sacrificial lambs of this transition, but someone always is, unfortunately. If Washington doesn't see a path that the general population agrees with, this debt will turn toxic and highly divisive between proponents of sound money, and those who fight for their retiring constituents in their district.
It's not just the average person that is putting cash to work, driving the dollar down to 6-months lows; fund managers are POSITIONING:
 Courtesy: Zerohedge.com
It's plain to see that hedge funds have underperformed the markets, since they became bearish and bullish multiple times over the past decade, while the markets kept going up.
Heading into 2020, the voices of gloom again recite that valuations are crazy and that stocks will be dead in the coming decade, but don't form a dark, blackened-out opinion too early.
As far as sentiment is concerned, the -19.2% drop in December 2019 was AKIN to a market bottom, which could be the last one for a while. As you can see below, the bearishness rivaled 2008 and was even worse at times.
Check this out:
 Courtesy: Zerohedge.com
The world over, central banks have cumulatively cut rates dozens of times in 2019. To us, the facts speak LOUDLY: rates are staying low and perhaps heading lower.
At some point, if labor costs become an issue, the recession will hit, especially if the consumer's confidence wanes – but until then, we see euphoria building up again, though the risks continue to increase alongside gains.
Protect your nest egg by remaining diversified and own CASH FLOW producers, outside of the stock market!
On Sunday, I will include with my letter a special report naming the services I utilize to earn incredible returns, away from the markets.
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