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I could be all wet on this..........I just don't know - it's is as much a question as comment:
I agree we're probably slipping into recession. The problem is if you don't want to hold cash for whatever reason where do you go? Real estate? Maybe. Bonds? Good luck with that. Gold? No dividend. A friend that o...more
"If you thought Miami condos and Las Vegas tract homes were great investments in 2006 and 2007, then by all means pile into stocks."
It’s eerily reminiscent of those days. Housing prices have risen (at least in Phoenix), stocks roaring, retail buyers piling in - Sheesh........