Of course, recovery.
Certainly,
1. The stock market will zoom northwards, next year... There is nowhere else to go. Many of the declines during this crisis were somewhat "unjustified". When exactly? I don't know.
2. Consolidation and strengthening of financial institutions, and easier flow of money to developing countries will happen. More regulations will be put in place; and more collaborations between and among Central Bankers around the globe will be common.
3. Investments in assets will be more diversified (move out of the US), than the previous decade i.e. largely concentrated in the US, and largely in US financial institutions. Diversification will be more common, and will become the norm....i.e. moving to Asia, or Europe or Middle East assets and financial institutions.
So?
Ride it out. Do not worry much.
Certainly,
1. The stock market will zoom northwards, next year... There is nowhere else to go. Many of the declines during this crisis were somewhat "unjustified". When exactly? I don't know.
2. Consolidation and strengthening of financial institutions, and easier flow of money to developing countries will happen. More regulations will be put in place; and more collaborations between and among Central Bankers around the globe will be common.
3. Investments in assets will be more diversified (move out of the US), than the previous decade i.e. largely concentrated in the US, and largely in US financial institutions. Diversification will be more common, and will become the norm....i.e. moving to Asia, or Europe or Middle East assets and financial institutions.
So?
Ride it out. Do not worry much.