I called my FA around 1230. Back in November I moved into defense stocks. Upon the complete 180 turn, I reached out today to sell those stocks.
Then went into "where to go" with him. He literally said "not sure yet".
I think we are in the first phase of lowering wealth for middle class Americans. There is a consolidation happening and we aren't inside that circle.
The crypto pump and dump yesterday was entirely too transparent.
I am truly concerned about how bad its going to get before we see upside.