3 Opportunities To Grab Before The Great Market Crash Ahead | Seeking Alpha
Here is an interesting article by Harry Dent who is one of the best known bears in America. I do not say that lightly because eventually the bears will be right. Mr. Dent has some good ideas for when we finally do get a significant crash. Cash is one allocation that Harry recommends, and I agree because after a 50% market correction, the cash will essentially be worth double for buying stocks.
Secondly, I agree with Mr. Dent that the U.S. dollar will rise in a bear market. We still have the best currency in the world in spite of problems with it. Also, in a stock market crash, it will take less dollars to buy the same amount of goods. This will increase the value of the dollar ultimately. UUP is the standard dollar bull ETF while UUPT is a triple dollar leveraged fund. So, we need to be ready for action when trouble comes our way.
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