Only a sucker is going long on stocks. Cash is king and if you aren’t hoarding gold (or food and ammo) then short term treasuries for countries that aren’t facing imminent collapse are your best bet, and indeed were the big winners today.
The death of the Bull, explained:
However much money a person had in the stock market ten years ago would be almost exactly to the penny what he has today. I guess there’s some exceptions to that, but on the other hand, this is an average, so I guess there’s some that have a lot less, or were wiped out.
On the other hand, so much for the idea of privatizing Social Security via the Stock market.
The market is a rigged game these days. Precious metals and real estate.