All forward earnings will need to account for massive tax increases to personal incomes, corporate taxes, rate increases, inflation, and investor appetites towards risk.
Gold, silver, copper, financials will all be safe havens.
I’m sure you DCA longs will do just fine, but you can already start to see the capital flows into rock solid businesses like Costco. P/E expansion in Costco has grown from 35 to 50 in the matter of 6 months.
Stock markets get defensive too. They are going to put their money into businesses that can weather these issues.
Best of luck out there. The storm is coming. The boomers owned us.
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