All of the key economic indicators say that we are months away from a recession. Things are just going to keep getting worst and worst.
This has been brewing for decades. Never-ending government spending topped by near-zero interest rates from the fed to keep the balloon from popping. The stock market and housing bubbles are the direct result of all that money they have been printing.
The reason the gov is trying to squeeze every last penny out of us in taxes is because they need the money to pay the interest on the debt. Between the massive national debt and increasing interest rates on that debt, they're in a tough place. Its kinda like maxing out your credit cards, as long as you can make the minimum monthly payment, you can keep the ship afloat.
Get out and go into T-Bills or Gov T-Bills Money Markets. After the bottom really falls out, you can start buying at bargain basement prices. Hopefully you've already hedged with some precious metals and maybe Bitcoin.
Finally, if you look at a chart for the SP500 going back decades you'll see that the price really started its higher than previously normal trend a few years after Nixon took us off of the gold standard.
