The world economy is at its peak now. What makes me say that? My observation is based on how the major stock markets are performing. With major stock exchanges indices at it peak now, I am little concern that in the next few months, things will start to change direction.
So, what so you be doing? If you are not into the stock market, you have nothing to worry about. However, if you are heavily invested in stock market, you need to be more alert. The reason being these are very fragile times of stock market. With some economic indicators showing weak signs, the market players are most sensitive now. Any small event may trigger major panic.
My advice is to try to cash out of the market now. Build up more cash and wait for the right time to move in. With interest rate getting higher, it may be more prudent to have a better cash position.
