How To Survive A 10-Year Bear Market?

Liquidate, Slowly

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Table of Contents

• Liquidate, Slowly

• Three Things You Need To Know Now:

• And one more thing…

• Poll Results… Inflation Will Rise, But Not By Much

• How To Survive A 10-Year Bear Market?

• Liquidate, Slowly

• Mailbag

Three Things You Need To Know Now:

1. Economic data surprises to the upside. U.S. industrial production increased by 0.9% month over month (“MOM”) in December, well ahead of the expected 0.3% increase. Meanwhile, U.S. housing starts rose by 15.8% MOM in December, to 1.49 million units, marking the highest level in 10 months. This follows a recent string of improving manufacturing data, including a better-than-expected reading from the Philadelphia manufacturing index, which rose in January to the highest level since April 2021. Manufacturing in the manufacturing has been stuck in a recession for much of the past two years – and a few data points doesn’t signify a recovery.