Oleksii Sergieiev, Dreamstime
If you're not positioned defensively by now, you're nuts
Thursday, April 30, 2015, 9:58 PM
Last fall, I wrote an article titled Defying Gravity that warned of the absurd price levels that stocks and bonds had risen to. Less than a month later, the stock market abruptly dropped by 7%. Those who didn't seek safety in advance were left licking their wounds, panicked not knowing if the painful down-draft was over.
So here we are roughly six months later, and the same warning bells are ringing -- just louder this time. » Read more