Hi everyone. I just wanted to run this idea past everyone. I feel like the US economy is propped up on some really shaky ground with some pretty baseless optimism, and the fact that interest rates keep getting cut, leaving very little room to cut more to try to pull the economy out of a downturn, makes me think whatever downturn happens next will be bad.
I don't currently have any money in the stock market, but I'm seriously considering putting a lot of money into an inverse ETF, which is a fund that essentially follows exactly what the market does, but in reverse. (So, if the S&P 500 goes down a point, this goes up a point, etc. It's not exactly shorting a stock, but it's close.)
What do you guys think?