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re: Credit card debt hits new record
Posted on 1/10/18 at 9:10 am to stout
Posted on 1/10/18 at 9:10 am to stout
quote:
High vehicle pricing, high home pricing with lowest amount of ownership ever, CC debt rising, out of control college loans, cost of living outpacing wage growth, crazy bull market...when is it time to start shorting things?
I don't think I have ever seen a time where just about every other car I see on the road is new or newer. Feels like some pigs are about to get slaughtered
Posted on 1/10/18 at 9:18 am to TheOcean
quote:Been very concerned about this. Little by little I'm diversifying into defense contractors such as Boeing, Huntington Ingalls, Sierra Nevada, L-3, etc.. and backing away from financial sector holdings.
I don't think I have ever seen a time where just about every other car I see on the road is new or newer. Feels like some pigs are about to get slaughtered
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