US Stock market, large caps and ETFs are in for a whooping.
You guys are like penguins pouring into ETFs and the US stock market large caps. APPL, insurance conglomerates, etc, however, there's major disruption coming.
Apple's foothold is it's Appstore, not its hardware. This is going to change with web apps, and not be dependent on app stores.
Insurance conglomerates are going to be smacked hard by self-driving cars; and it's about time someone challenged this easy money, that's going to now be obsolete, or significantly reduced.
The US stock market itself is going to be shaken to its core by digital decentralized currency and the dethroning of the dollar, as well as the movement of third world countries toward consumer nations. You 'Muricans are up to your necks again in debt, over priced cars, and house, stagnant income, and being replaced by automation.
Y'all are going to be piling out of your index ETFs like over feed walruses off a breaking iceberg. You greedy Grinches are all going to be dumped off Mt Crumpet like used toys.
Don't say I didn't warn ya.
Posted Aug 17, 2017, 7:37 PM UTC