Over the past few days I’ve been contemplating the medium-term view of US stocks and whether I should reduce exposure to them. It seems difficult to be very bullish on the US markets as a whole given the continually rising debt, inflation concerns, aging population and political problems. That doesn’t mean I think their markets will necessarily drop much, plus there are many reasons why the US currency could stay valuable, but at this point I’d guess staying stagnant would be a win.
Anyways, to lighten the mood here’s a great song: The Horse by Beach Fossils. I love the tone of the guitar track that starts at about 49 seconds.