WHY ARE INVESTORS DIVERSIFYING THEIR PORTFOLIO?

Experts agree that the financial market is now even more fragile than pre-2008. Will your retirement portfolio weather the imminent financial crisis? Threats are many. Pick your poison..

 

Student debt, which has been on a steep rise for years, could figure greatly in the next credit downturn.

“There are parallels to 2008: There are massive amounts of unaffordable loans being made to people who can’t pay them”

The financial system would be in great peril if one or more big banks fail.

“When we get to a downturn, banks won’t have the cushion to absorb the losses. Without a cushion, we will have 2008 and 2009 again.”

Total household debt rose to an all-time high of $13.67 trillion at year-end 2019.

“Any type of secured lending backed by an asset that is

overvalued should be a concern… that is what happened with housing.”

The US national debt has spiked $1 trillion in less than 6 months!

“If we keep throwing gas on flames with deficit spending, I worry about how severe the next [economic] downturn is going to be–and whether we have enough bullets left [to fight it],”


Source: “Wall Street Journal March 2018 Edition”

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