On a happy note: I think it's the U.S. Debt that will do us in when we crash. In the US "..the reach for yield among investors has increased the appetite for higher yielding bonds. These companies have clearly obliged, opting to issue debt in order to fund operations or return cash to shareholders." - Business Insider.
High risk bonds according to this chart from Standard & Poors paints a messy road ahead for US business on further economic weakness. Bubble trouble.
High yielding high debt poorly trending vs current inflated value of these US bonds spells a tank within 12m imo.
So I find myself looking for a decent investment outside of the markets in times of uncertainty.
Looking at longer uptrending charts elsewhere tonight! Happy days lol. So positive aren't I?!
PRA Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held