GettyThe Federal Reserve and the other central banks and their governments are levitating stocks with galaxies of new money, meanwhile their economies are atrophying. Everyone will sprint out of lockup and spend, spend, spend. Hold these three assets and shift the weighting depending on developments: Cash, stocks and bitcoin/gold. Stocks: If you buy good stocks, they should keep much of their value in inflation and deflation. I’d love to be 5% cash, 95% stocks, 5% crypto but I fear those days could be far away.
Source: Forbes April 29, 2020 12:00 UTC