A reminder: a chart can look strong and hit new highs, but things can change quickly. The current valuation levels, recession signs, and stock index chart patterns are strikingly like those of the late 1920s, you can see how that ended for investors.

The odds suggest that there will be an economic recession in the next 12 months and our plan is to protect and grow your capital during this uncertain time. We are conservatively invested in short-term US treasuries yielding 5%+, safe dividend value stocks yielding 6-8%, boring, underappreciated and safe bonds with 7-9% yields and cheap misunderstood value stocks.