The Bear Comes Out of Hibernation

The Bear is stirring in his den. The long bull market since 2003 ended last October. Wise householders would do well now to lower the sails and prepare for a major storm. Frauds and boondoggles have taken a toll on the economy, with no end in sight. Spend wisely, pay off debts, and keep putting money in the bank - every single last dollar of it FDIC-insured.

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