U.S. Stock Market – The U.S. stock market is in the eye of an economic, social, political and spiritual hurricane that first hit its shores in 2008. Eventually, what has been seen in Europe shall be but an “opening act” to what shall play out here in America. In the meantime, yours truly took out a “temporary” membership card in the “Don’t Worry, Be Happy” crowd, but know it shall likely expire once Santa is safely back and resting at the North Pole.
Gold – “Mother” of all gold bull markets continues. The gold perma-bears and weak-kneed bulls shall once again find only coal in their Christmas stockings.
U.S. Bonds – Avoid just like one should avoid buying any pictures of Roberto Luongo hoisting the Stanley Cup – they’re both pipedreams.