Despite Strong November Returns, Author Warns Investors of Impending Stock Market Crash
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November's 9% S&P500 return was very good, but there have been even higher returns in past Novembers. December has historically delivered positive returns.
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The Fed is in a dilemna with interest rates and inflation. If rates stay low, inflation continues. If rates rise, debt service costs balloon.
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The recent US stock market rise could be like Venezuela's in 2016. Investors protected themselves from currency devaluation by buying stocks.
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The author worries most countries are "playing with fire" by printing too much money. A stock market crash is long overdue.
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The author aims to help fellow Baby Boomers invest wisely to support retirement. He advises tailored portfolios over one-size-fits-all.