MINT - VGSH: Stocks Are Crashing Cash Is King
- There are many potentially bearish catalysts today including election uncertainty, a deteriorating economic outlook, and a possible deflationary wave.
- Few assets including alternatives like gold and long-term bonds are safe in a liquidity shock.
- While unemployment has declined, job openings are also falling which means there is little slack left, particularly if corporate layoffs continue to grow.
- Investors may want to allocate into government money-market funds like VGSH in order to temporarily reduce exposure and build "dry powder" for potentially attractive future buying opportunities.
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VGSH: Stocks Are Crashing, Cash Is King