As the U.S. and world economies work to recover from the burst economic bubble in 2008, I'm starting to feel like obstacles are mounting to challenge the recovery. It's not that we won't recover; it's just that, day by day, it’s getting to be more of an uphill battle.
We're living in uncertain times. The only certainty that you can count on is continued uncertainty and volatility. The only sensible reaction to that is to be prepared. Prepare for the unexpected, and rely less on an outlook and more on your preparation. As we like to say, don't focus on where the market may go. Instead, position yourself for whatever the market may do.